RE: 14.6p4 Jun 2025 21:15
This is not aimed at anyone in particular, just need an informative reply.
I do not post often, but with the consolidation coming up where everyone's gives up 20 shares for 1 new share for the ASX listing.
I only have 100,000 shares which after consolidation leaves me with a paltry 5,000 shares.
I have 2 questions:-
1. Should I sell now and make a small profit and if no why not - I do not want the smart alec replies, just a reasoned out response.As the way I see it is that I have lost the buying power of 100,000 shares where I could have made decent money, where this consolidation has taken this away from me.
2. Buying the new shares offered - I assume this will be based on the offer price and the new number of shares you get, but any idea what the offer price is or may be? And will your broker give you sight of this offer to partake in, I am with the HSBC but have had nothing to date.