Post by
ariesleaf on Jun 05, 2019 10:05am
WATERED DOWN SHARES
Was to be one new share for 7 old. Now changed to one new for 12 old.
Actual Cost Base will rise for most long term shareholders. You now will never see a return on your money unless this stock climbs to over $20.00 a share.
Unless you averge down (catch a falling knife).
Talk About Being Taken To The Cleaners.
Comment by
darb on Jun 07, 2019 9:56am
Shades of Yellow Pages (500:1)!
Comment by
ariesleaf on Jun 07, 2019 11:40am
Is This what you all wanted a new water down stock. Less shares and you averge cost base just went up 12 times. Forget trying to buy more and average down. Best is tax loss selling.
Comment by
ariesleaf on Jun 07, 2019 11:56am
SO you bought 1200 shares at $5.00 each = $6000. Now you have 100 shares and your ACB is now a wopping $60.00 a shares good for you. what are you going to do.?