GREY:LCZZF - Post by User
Comment by
Simon1707on May 31, 2012 11:18am
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Post# 19965553
RE: RE: RE: RE: RE: Consolidations
RE: RE: RE: RE: RE: Consolidations it depends what the consolidation ratio is... if it's a 1 for 5... would give you 8 000 shares... at 0,10$ let's say
(now at 0,02$ X 5 = 10 cents...) you are still worth 8 000$... but what I don't like about this... still a possibility that it goes back to 0,02 eventually!
Go look at T.BLU, they've done one a week ago... or 2! take a look at the SP... it was 1$ after the consolidation... now it's still dropping...