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Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Resource Capital Gold Corp > four asked to re bid
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Comment by LeftBookon May 10, 2019 3:56pm
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Post# 29735941

RE:RE:RE:RE:RE:RE:RE:RE:RE:four asked to re bid

RE:RE:RE:RE:RE:RE:RE:RE:RE:four asked to re bid
Damian,

A 10 to 1 consolidation by itself does not change anything.

It does not change the value of the business.
It does not change the $13M of shareholder equity.

175M shares cuts the pie in 175M pieces. 7.42c/slice
17.5M shares increases the value of the slice to 74.2c/sh

$89.2M/175M = 51c/sh
$89.2M/17.5M = $5.10/sh

perhaps you mean something else other than share consolidation




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