HUM 2.04% 75.0¢ humm group limited

Thanks, J.012 multiplies up to .30So there's been no change in...

  1. 8,349 Posts.
    Thanks, J

    .012 multiplies up to .30

    So there's been no change in the SP really...

    The shares issued @ .014 have a face value of .25

    There are various opinions on what value a consolidation has. Sometimes it means that the SP will fall, as sellers take advantage of the reduced loss. Having bought @ .012, selling @ .29 is a smaller loss (3.3%) than selling @ .011 (8.3 %) - if you get my drift.

    Fewer shares on issue can make it easier to raise capital though a SPP, as the number fo shares to be issued is not so mind-boggling...

    There's probably other aspects... I'm no expert for sure... DYOR!
 
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