AFY removal from official quotation n accordance with Listing Rule 17.11
Hello Wiz. The performance of my picks at -60% is rapidly heading to -100% ....which would surely be some sort of first.....so I have decided to try & get a couple of problems sorted.
1, AFY....Afterpay holdings merged with Touch Group & is now listed as APT....this will sort out one of my -100% shares
2, GXY....in May these shares underwent a 5 to 1 share consolidation. While this company has not performed, if this can be corrected it will get rid of a -150% odd problem ......while my picks are doing very badly getting these minor problems out of the way should move me closer to at least be competing for the last position
Thanks. Amalgam
Hi Wiz ,
just wondering if you start with 10 K in 5 stocks , how is it possible to be down more than 100 % on any one pick even if it goes to 0 ?
Just looking at GXY in the last place above as an example .
ref post 360
5:1 consolidation makes .535 x 5 = 2.675 current price 1.855 and (1.855 - 2.675) / 2.675 = -.3065 is -30.65%
so the -167% is in need of investigation
Be aware of wizards, for they are subtle and quick to anger.
that not forbidden is mandatory.
Anyone but o'brien
Hello Wiz. The performance of my picks at -60% is rapidly heading to -100% ....which would surely be some sort of first.....so I have decided to try & get a couple of problems sorted.
1, AFY....Afterpay holdings merged with Touch Group & is now listed as APT....this will sort out one of my -100% shares
2, GXY....in May these shares underwent a 5 to 1 share consolidation. While this company has not performed, if this can be corrected it will get rid of a -150% odd problem ......while my picks are doing very badly getting these minor problems out of the way should move me closer to at least be competing for the last position
Thanks. Amalgam
found consolidation error and fixed it [i hope]
Be aware of wizards, for they are subtle and quick to anger.
that not forbidden is mandatory.
Anyone but o'brien
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