re: Ann: ECQ Exercises Opitons to Acquire Cyn... Hi...

re: Ann: ECQ Exercises Opitons to Acquire Cyn... Hi MasseyFerguson I have found your posts to be extremely informative and believe that ECQ is a great long term hold.

You mentioned that this stock may open at above .40 - .80 after its relisted etc, sometime in the near future... May I please ask you a question?

Refering to a post by;

Mr Wombat
Post #: 9731722


'Yup six20aus that is correct. The share price will be multiplied by 20 and number of holdings will be divided by 20.

E.G., You currently hold 200,000 shares @ 2.3c each. After consolidation you will have 10,000 shares @ $0.46 each"


My question is that, if you bought 200000 shares at .022 and hypothetically they rose to .032 you would be making a $2000 profit per 1 cent rise in stock price.

When converted to 10000 shares after consolidation, as mentioned above by Mr Wombat, you will only be making a $100 dollar profit per cent share rise. Is this correct?

Most people purchase a large sum ( hundreds of thousands of shares ) at a cost below 9 cents and in the instance of ECQ at eg: .022 , so when these shares are in there teens - .10 cent plus - that they are making some serious $$$

May I please ask you, am I correct in my statement above about the monetary profit you could be making in the examples I mentioned? and perhaps the new monetary profit if the shares open at .40 plus

Unfortunately I cant call a broker now or anyone who may be able to help me, so I would really welcome your thoughts or thoughts from anyone else for that matter on this topic.

Thanks in advance