RE: HYVE4 Jun 2020 08:32
Hi everyone,
I'm quite new to share dealing, thinking the price slumps due to this pandemic is a good opportunity to invest. So..
Hyve share prices seem to be different on Google Finance APIs, Yahoo Finance and London Stock Exchange charts too. I know it was discussed a few days ago that this is due to the consolidation and rights issue, but taking everything into account, can anyone confirm if the current price of 104p would've meant 1.04p with the old prices a month or so ago? Google is showing prices of 3,000+ for the past 6 months, which is ridiculous because that would mean if everything went back to normal Hyve would go back up 30x? Or does Google's 3,000 really mean 300 with the current price?
LSE on the other hand shows prices around 615 for January? Is that even correct? Because even if that is correct then it's still a 6x increase from the current price. The way I think about it is let's SUPPOSE when this pandemic is settled and life is back to normal, all stocks gradually go back to the same levels as before within a few months, if that were to happen would we expect the current 104p for Hyve to go back up to 600 or 3,000? Even a 600-level is a 6x increase so still very worthwhile but wanting to check I'm getting it right.