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Bullboard - Stock Discussion Forum Dia Bras Exploration Inc V.DIB

TSXV:DIB - Post Discussion

Dia Bras Exploration Inc > A little expensive history story
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Post by Rossco1 on Dec 22, 2010 3:42pm

A little expensive history story

In September 2006 I bought 1000 shares of Exmin Resources @ .32/share. These were reduced to 100 shares when Dia Bras took them over now these 1000 original are actually 29 shares since the last reduction.
So, at today's price of almost $3.00.share my original investment of $320.00 plus brokerage is now worth  $87.00.
Which way to the nearest bridge?
Rossco
Comment by pipefit2 on Dec 23, 2010 11:21pm
Rosco--I think you might want to check your brokerage account more closely.  If you had 100 shares of dia Bras up until Dec. 7, 2010, you should now have 14.3 shares.  They did a 7 for 1 rollback, and 100 divided by 7 equals 14.3, not 29.
Comment by Rossco1 on Dec 24, 2010 9:16am
Thanx:I needed that Rossco
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