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Cornerstone Capital Resources Inc CTNXF

Metals & Mining Industrial Metals & Minerals
Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Cornerstone Capital Resources Inc > Share Consolidation
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Comment by BSdetector2016on Jun 16, 2019 9:21pm
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Post# 29830786

RE:Share Consolidation

RE:Share ConsolidationBecause the market HATES consolidations; share price post-consolidation will drop. Even worse, management will do another financing, further diluting, and lowering again the share price for us shareholders.
 
Blanche2285 wrote:
Someone please explain to me why the Consolidation is so bad for retail investors. If for example someone owns 20,000 shares at a price of .20 per share, the total value is $4,000. After the 1:20 Consolidation they will own 1,000 shares at a price of $4 per share, for a total value of $4,000. What am I missing? Please let me know. Thanks


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