how much are my providence shares worth?

bazmak

hi,
i have 92000 providence shares
does anyone know how much they are actually worth as of the news with providence today striking oil?:)

yobr

bazmak wrote: »

hi,
i have 92000 providence shares
does anyone know how much they are actually worth as of the news with providence today striking oil?:)

When did you buy them?

bazmak

yobr wrote: »

When did you buy them?

years ago!
maybe 8 or 9 im not sure

bazmak

6 or 7k they where worth last time i asked ..two years ago

Grecco

Well they had a stock consolidation 2 years back so now you have

92 shares @ €5.76 is €552
:D:D:D:D

bazmak

what does that mean

bazmak

Grecco wrote: »

Well they had a stock consolidation 2 years back so now you have

92 shares @ €5.76 is €552
:D:D:D:D

so my 92k shares are now just 92? :eek:

maddragon

I think he has 920 shares. Wasn't the consolidation 1 to 100.

Ted_YNWA

share price closed at 5.76 today.

share consolidation is when the company reduces the number of shares it has in issue.

the share price should increase by the same proportion so as to ensure no material loss to shareholders.

Grecco

you could be right but it was originally proposed as a 1000:1 consolidation then I think it went 100:1 and a further 8:1 after but I`m open to correction

JOHNPT

You have 920 shares @ 5.70 = 5,244euro - I would sell tomorrow as I see the share price falling over the next few months