KWG Resources Inc C.CACR

is anyone able to answer my question about

[fordtrucks]

i asked if it made sense to anyone about the 100 multiple shares trading at six dollars does that not mean the single shares are 6 cents if they carry the same value? Also i'm thinking of trading my shares or at least some of them from single to multipal shares whats everybodies thought, were here now and it is available to us.

[RatPatrol]

fordtrucks, your assumption is correct.  Why the variance? The multiple voting shares are 1) illiquid because there are fewer of them and 2) because they have so many votes attached to them they are "premium-priced" so to speak. There may always be this variance in price between the two types of shares. I hope this helps.

[fordtrucks]

yes thst did help thanks but hosts half the question lol how do we feel about trading our single shares for them price doesn't matter if im correct it 100 singles for one multiple as as just discussed there is a difference in the purchase price but not for us think this question over carefully because your answer may cause me to e change all of my single shares to multiple lol its a win the

[lou64]

If the Kwg.a gets volume ? convert / dump and re- buy ..... then repeat ... at it pace presently it not worthy

[ClayTaurus]

A shares presently    B $5.00 / $6.75 A If you buy single vote shares at $0.05 and convert then sell at $5.00, it's not really worth it. Low volume and small Bids/Asks on the "A" shares mean only small arbitrage opportunities that may not overcome commission. There are a sub-set of pro traders that do this stuff with Algos at a much lower commision/expense rate, so I don&

[lou64]

Anonymous is has loaded the ask holding it at 5 ... either under anonymous or TD but yes according to KWG.a conversion it is 6 converted ... but you still need someone to purchase and the ask is 6.75

[Zimmee1]

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1029-cse/kwg/109505-kwg-announces-stock-split-and-changes-to-its-articles.html         KWG Resources Announces Stock Split and Changes to Its Articles     Toronto, Ontario--(Newsfile Corp. - November 1, 2021) - KWG Resources