Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
In the case if share consolidation 2:1, if you own 200 units, you will now own 100 units, and the price will double (0.015 to 0.03) regardless of what price you buy. If your average price is 0.025, then you will only break even at 0.05 after consolidation, and earn money if the share price if higher. So don't sell at the wrong price.
If your unsure, just check the total amount of money you're getting after selling your stock. Make sure it is at least same as the amount you spend to buy.
previously you bought 1000lot @ 0.02. after consolidation, price became double, share quantity became half. So now it is as if you bought 500lot @ 0.04. So to get some profit, need to sell your stock above 0.04.