Consolidation22 Jun 2021 09:32
As most know some time ago Valirx carried out a share consolidation of 1:125 to reduce the amount of shares held by investors. I was expecting the share price at that time to proportionally increase and the value of my valrix shares to increase or decrease inline with the share price. Indeed the share price has gone up. My naivety and poor judgement seems to now have left me with a lot of low value valrix shares. I think I’m ok with that as we all have to learn. But, can someone explain any simpler what’s gone on. HL will not be drawn into explaining and I’m a novice.