CMY 0.00% 0.5¢ capital mining limited

You will keep them but you effectively lose it all. If you own...

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  1. 82 Posts.
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    You will keep them but you effectively lose it all.
    If you own 500,000 shares today at last sale price of $0.005 your investment is worth $2,500.
    If there is a back door listing or some other scheme of arrangement there will be a capital consolidation.
    If it is a 1 for 50 consolidation your 500,000 shares will become 10,000 and at the same last sale price of $0.005 will be worth $50. Yep $50.
    But there is no hope as far as I can see except for a back door listing.
    At least you get to have 10,000 shares in the new company and they may be valuable one day.
 
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Currently unlisted public company.

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