how much are my providence shares worth?

bazmak · 15-03-2012 08:35PM #1

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 · 15-03-2012 08:37PM

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 · 15-03-2012 08:40PM

yobr wrote: »

When did you buy them?

years ago!
maybe 8 or 9 im not sure

bazmak · 15-03-2012 08:42PM

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

Grecco · 15-03-2012 09:36PM

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

92 shares @ €5.76 is €552

:D:D:D:D

bazmak · 15-03-2012 09:40PM

what does that mean

bazmak · 15-03-2012 09:41PM

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 · 15-03-2012 09:43PM

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

Ted_YNWA · 15-03-2012 09:47PM

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 · 15-03-2012 09:51PM

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 · 15-03-2012 09:55PM

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

how much are my providence shares worth?

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