AVESORO RESOURCES & KENMARE RESCOURCES28 Oct 2018 14:15
I currently have a small holding in AVESORO RESOURCES & KENMARE RESCOURCES at a book cost of £500.00 each.
I know there was share consolidation in both of these companies and I ended up with the following
A quantity of 26 at a cost per share of 1,922.81 with Avesoro Resources and currently trading at 182.00p per share .
A quantity of 10 in Kenmare Resources at a cost per share 4,998.80 and currently trading at 223.00p share
The difference between the consolidation price and current price per share are completely skewed and I am at a loss to understand it . I tried calling my share provided to explain this and they were stumped to explain .
I would welcome anyone's thoughts and views to explain the position .
Thanks in advance.