MOO
Click for more information
0.00% 0.2¢ monto minerals ltd

Correct me if I'm wrong but if you were to buy MOO shares...

  1. skiver
    1,009 Posts.
    clock Created with Sketch.
    14/09/15
    19:53
    Post #: 15990412
    Correct me if I'm wrong but if you were to buy MOO shares currently even at 1c per share, after the consolidation of shares at 70:1 you would end up with significantly less capital.

    So my understanding is that say I bought 10m shares at 4c today = $40,000. Then after consolidation at (70:1) my I would have 142,857 shares with a value of 10c/share = $14,285.

    I hope I am wrong - can someone provide some clarity please.

    Thanks.
    MOO Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 
watchlist Created with Sketch. Add MOO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.
Fatal error: Uncaught ErrorException: session_write_close(): Failed to write session data using user defined save handler. (session.save_path: ) in /data/vhosts/test/hotcopper-git/upload/darkhorse/vendor/zendframework/zend-session/src/SessionManager.php:236 Stack trace: #0 [internal function]: Application\Service\AppManager::handlePhpError(2, 'session_write_c...', '/data/vhosts/te...', 236, Array) #1 /data/vhosts/test/hotcopper-git/upload/darkhorse/vendor/zendframework/zend-session/src/SessionManager.php(236): session_write_close() #2 [internal function]: Zend\Session\SessionManager->writeClose() #3 {main} thrown in /data/vhosts/test/hotcopper-git/upload/darkhorse/vendor/zendframework/zend-session/src/SessionManager.php on line 236