Theoretically the share price should go to 0.032 after consolidation but looking at the big line of sellers at 0.001, the share price would be lower if it could. The price afterwards depends how much investors are willing to pay but the AGM notice says a placement at 1c post consolidation so that is a likely target imo.
An unfortunate situation but not too many other options given the dogs breakfast left behind by previous management. The lack of regulation at this end of the market means they could just run the company into the ground and walk away at the end.
Theoretically the share price should go to 0.032 after...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.424M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 63281797 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 198036548 | 44 |
View Market Depth
| Last trade - 16.12pm 24/05/2024 (20 minute delay) ? |
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Last
0.1¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.1¢ | 0.1¢ | 0.1¢ | 2500000 | ||
| Last updated 11.20am 24/05/2024 ? | |||||
| RMX (ASX) Chart |
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