MPJ 0.00% 0.0¢ mining projects group limited

Consolidation makes it expensive, page-5

  1. 832 Posts.
    Dan
    same market cap fewer shares hence goes from nearly 1c to around 10c ie if you had 1000 shares worth $10 post consolidation you will have 10 shares still worth 10$ . however shares have a much larger downside ie they could easily drift back in price.
    its an interesting share this one so imo post conolidation may be a more prudent way to buy.
    having said get your own advice because i have held some shockers [FAR, BRN, 88E, to name just a few] in my time
    good luck
 
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