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When it was first listed, the total share capital was only 350 million shares, and the issue price was 5. 18 yuan.

At present,

Why did Baotou Steel's shares fall from 10 yuan to 1.8 yuan?

When it was first listed, the total share capital was only 350 million shares, and the issue price was 5. 18 yuan.

At present,

Why did Baotou Steel's shares fall from 10 yuan to 1.8 yuan?

When it was first listed, the total share capital was only 350 million shares, and the issue price was 5. 18 yuan.

At present, the total share capital is 45.6 billion shares, with 31700 million shares in circulation.

With such a big change, what's going on? It's natural that the high price of 10 yuan in the past is unreasonable and should be reduced.

To tell the truth, a few years ago, when Baotou Steel made it clear that those rare earth "tailings" that were said to have "strategic support" belonged to Baotou Steel, I really bought "Baotou Steel". And has also been involved in the additional issuance of Baotou Steel and online voting to increase the share capital! I remember that Baotou Steel was in full swing and its share price was very active! Because at that time, many institutional investors in Baotou Steel asked Baotou Steel to increase capital and expand shares first, and then issue additional shares, and launched small retail investors holding shares in Baotou Steel on the Internet, either present or entrusting others to register shares. Participate in the shareholders' meeting and vote collectively. Baotou Steel was really busy for a while!

I remember that the stocks related to "Baotou Steel Rare Earth" and Guangsheng Nonferrous Metals and "Rare Earth" all rose sharply! Baotou Steel also borrowed light to "fly to heaven".

Because the stocks with the concept of rare earth at that time were the cheapest in Baotou Steel, and Baotou Steel was donated to the equity. Baotou Steel's performance is really good! Later, because the organization didn't go out, a shareholders' meeting was held online, and the plan of 10 to send 10 shares was passed by collective voting.

Later, it should be the end of 20 14, and Baotou Steel began to be active again. The stock price seems to have been around 10 yuan. 2065438+began to plummet after May 2005!

Because the "fuse" that happened later put all the concepts back to the "prototype" ...

This time, I hope that Baotou Steel will really develop and utilize "tailings", and don't turn stir-fry into stew, so that participants can get "value for money"!