G1A 0.00% 5.9¢ galena mining limited

I think You will get 5x the amount of shares and price will be...

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  1. 718 Posts.
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    I think You will get 5x the amount of shares and price will be Current price divide by 5. So the value of your holding is the same. The purpose of this is to attract other investors by creating more liquidity, institutions can now take a large position in the company which would be to hard with amount of shares on market currently.

    This is great as it will look far more attractive at 22c a share can’t wait to see it push up to $1 again only this time i will have 5x the amount of shares I had previously.
 
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