Fried Head13 Nov 2013 17:41
Pure Wafer are to consolidate shares, for every 10 shares you hold, this converts into one share worth 20p. Based on these figures my holding will be worth £701 as opposed to the £2980 paid out when bought. (plus costs) The company has said the share price should rise, unless I've got this badly wrong, its going to have to jump a hell of a lot for me to break even, never mind in profit? I know I've asked this question before, but I still can't my head around it! Would someone kindly explain where I'm going wrong?