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  5. CET: Peter and His Wonder Team Just noticed CET is consolidating 7 for 1. [Cathedral Energy Services Ltd.]

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Q: Peter and His Wonder Team
Just noticed CET is consolidating 7 for 1.
In general what do you think of this move? Will the cost of the new share be 7X more? Thanks for your insights...always helpful.
Asked by Ernest on July 03, 2024
5i Research Answer:
Yes, in any consolidation the price of shares will be adjusted upwards by the amount of the...
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