RE: Impact of Consolidation of Shares15 Apr 2024 20:01
Hello
I am quite new to this consolidation stuff. So if I am getting this right if one has 10,000 shares, the current holding value would be around £4k. The dividend payment will be £2450, so far so good. However, based on this consolidation process the new shares will amount to 500 (10000/20). What would be the value of the new share after consolidation? In this scenario it must be at least around £8 per share or am I missing something her? Would appreciate some advice on this. Thanks.