I posted on this BB some weeks ago my recent experience of going through a share consolidation process with the company PNP (Pinetree Capital - Toronto) a company in which I originally owned 20000 shares the price of which had fallen 94% from my original purchase to a final closing of C$0.25 - the consolidation/new share issue process has now been completed and the share reopened on the Toronto exchange at C$ 3.5 before falling back to C$3.42 - obliviously PNP and SLE can not be compared… Read More
Spiderman, Pre consolidation that would have had a lower value, if you had that many now you would be minted. If anyone wants to sell me there shares I will happily buy them off you now. I pay you and you transfer the shares to my name. Any takers?
The magic number to break even well on wards and up wards mix in several dividends keep them building up in account and hopefully with all the rights sle have for seismic and works new horizons I might fine myself somewhere close to break even maybe even profit!?
back in the day - just prior to our big Polish breakthrough, or was it Morocco, or Ireland? ....anyway, I owned 330,000. Now I'm looking forward to an sp of £12 so I can break even and get out (yeh, right)
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