WWM
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0.00% 70.0¢ wentworth holdings limited

Am I missing something here?There will be a 1 for 7...

  1. ZMan
    1,816 Posts.
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    11/09/13
    12:22
    Post #: 12315120
    Am I missing something here?

    There will be a 1 for 7 consolidation, then new shares issued at 50c. Hence the shares should currently be worth around 7c.

    Why are they trading at 10c, 70c post consolidation. Thats 40% above the issue price of new shares!
    WWM Price at posting: 73.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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