CRO 2.33% 8.8¢ cirralto limited

motopia dials into copper nickel gold opportun, page-13

  1. asf
    9,888 Posts.
    They have to consolidate and begin anew @ 20c when they change activities- all shells do. So,the company has told holders that they will be consolidating @ 50:1 for shares to become 20c. That means they will be consolidating when the share price is @ .004. If you could get shares @ .002, you would be laughing, right, because those shares will somehow transform into .004 at some point, so .003 is a cert? Buying @ .003 is more risky, because the share column at .004 might not be totally eaten. If anyone buys shares @ .005, they will be losing their money because the SP will fall to .004 to make consolidation from the SP into the right number.
 
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Currently unlisted public company.

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