WNI 0.00% 5.6¢ wah nam international holdings limited

"Not sure why the number of shares on issue is such a big deal....

  1. 2,744 Posts.
    lightbulb Created with Sketch. 16
    "Not sure why the number of shares on issue is such a big deal. 10 for 1 consolidation would take care of the amount of scrip in one go."

    WangChung - 10 for 1 consolidation doesn't mean you get your money back though when they issue new shares.

    If there was 2.5 billion WNI shares when you purchased yours, and there is now 5 billion WNI shares, it means your original shares are now worth 1/2 as much.

    For example, what you paid 18c for, is now only 9c

    You can't keep diluting the share register without the existing shares losing worth.

    Possibly you should be taking the posts of Phillip_k and Mozart a little more seriously, they are very experienced sharetraders who you could learn a lot from.
 
watchlist Created with Sketch. Add WNI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.