RE: Tesco share consolidation18 Feb 2021 23:40
Do we agree that tesco's market cap should be the same?
Let's presume it was 19b, and Let's pretend there is 19 shares, then each shares is worth 1b each. We are down to 15 shares , and paid out for the other 4 with a divvy.
So at same price , shouldn't the remaining 15 shares also represent 19b, meaning at least a 20% rise???