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Don't wish to cause false alarm but.. SHAREPRICE?! (Read 1773 times)

newnameolduser

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Don't wish to cause false alarm but.. SHAREPRICE?!
11/15/10 at 09:31:54

My iphone app is telling me the stock is valued at AU$1.81. So is my trading account. The Clinuvel website still says AU$ 0.175. What's happened here.... ?

I was recently informed that as shareholders we were to receive an extra 1 share for every 10 owned but my quantity is still the same. It's all very strange at least on my side.
Anyone else experiencing this?

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Scott Stevenson Melanotan.org Founder Melanotan.org Admin Posts: 3359 Gender:	Re: Don't wish to cause false alarm but.. SHAREPRI Reply #1 - 11/15/10 at 09:50:59 "Approval to Consolidate Share Capital on 10:1 ratio" http://clinuvel.com/EmailCampaigns/link.php?M=25842&N=263&L=10050&F= H -Scott
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newnameolduser

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Re: Don't wish to cause false alarm but.. SHAREPRI
Reply #2 - 11/15/10 at 10:27:45

Hi Scott

I read that earlier. Then checked back on my account and my quantity is now only showing the 10% new shares on the new ticker CUVDA at AU$2.05. I assume then that's due to the original shares being on CUV.AX and all will be sorted on or around the 25th?

Excuse my concern it's just my values have gone al over the place this morning with all this and i'm not exactly an expert with regards to investing.

If you have time to clarify further what's happened that would be great Scott (Great Scott!). Thanks for replying before.

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Scott Stevenson

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Re: Don't wish to cause false alarm but.. SHAREPRI
Reply #3 - 11/15/10 at 12:11:53

Quote from newnameolduser on 11/15/10 at 10:27:45:

Rather than risk confusing the situation for you any more than it already is I am going to advise you to contact Clinuvel directly: http://clinuvel.com/corporate-contact-us or suggest you consult with your broker/investment adviser(s).

-Scott

« Last Edit: 11/15/10 at 22:23:07 by Scott Stevenson »

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newnameolduser -Melanotanner- -Forum Log Keeper- Got Melanotan.org? Posts: 260	Re: Don't wish to cause false alarm but.. SHAREPRI Reply #4 - 11/15/10 at 22:12:53 Fair enough. Cheers Scott.
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airheadtwirler03 -Melanotant- Donor Got Melanotan.org? Posts: 30 Gender:	Re: Don't wish to cause false alarm but.. SHAREPRI Reply #5 - 11/30/10 at 18:45:47 My account value on etrade is still 300K instead of the original 30K...shouldn't it be sorted out by now?
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