RE: Clarity14 May 2020 02:09
Divide shares by 10. That's now 1 consolidated share. Now divide by 4, and multiply by 9 to get new share amount.
So 10000 old share would be
10000/10=1000
As you get 9 new share for every 4 consolidated 1000/4=250
250×9=2250 new shares.
2250×0.69=£1552.50
So if share is 13p today
10000×0.13=1300
Over £250 profit if you can sell fast enough and margin doesnt kill it.
My understanding of the maths might be wrong, if anyone can see an error please point it out. Good luck with the investments. Watched this since March, but stayed away due to risk. Pre covid would have been sound investment but times have changed for at least another year believe.