AUL 7.25% 32.0¢ austar gold limited

Best stock up and coming gold stock?, page-48

  1. 739 Posts.
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    "I expect any good fiscally astute Board would consolidate from 3billion shares to 300million shares to ensure the share price is around 30 to 50 cents which is out of penny stock territory such that instos investment guidelines allow entry."

    How does that make sense? 3B to 300m is a 10-1 split right? Meaning 10m shares is now 1mil? Then that would mean the sp goes up 10x? so from .005- 05c. So how do you get 30-50 cents? because that would then be a 500-900% increase after consolidation right? Or have i got this wrong?
 
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