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Bullboard - Stock Discussion Forum Aurelius Minerals Inc V.AUL.H

Alternate Symbol(s):  AURQF

Aurelius Minerals Inc. is a Canada-based gold exploration company focused on advancing its Aureus Gold Properties, including Aureus East and West, and the Forest Hill Gold Project located in Nova Scotia. The Company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada, the 968-hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend. The Aureus East gold... see more

TSXV:AUL.H - Post Discussion

Aurelius Minerals Inc > 10 for 1 share consolidation
View:
Post by EmagineThat on Apr 15, 2021 7:52pm

10 for 1 share consolidation

Why ?
Comment by tabbie on Jun 13, 2021 5:48pm
It increases liquidity. When you're at 5 cents, a single tick means 10% realized gain or loss, so people are less willing to market buy/sell. At 50 cents a 1 cent gap is only 2%.