It's a daily sell-down at the moment.
A buyback would mean each share on issue would own a bigger % of the business. (The opposite of issuing new shares).
Consolidation your % ownership stays unchanged it's just a fractional change and big admin cost.
A buyback makes total sense.. consolidations tend to be a massive let down unless timed within a bull run where stock was increasing anyway.
At $3100 per ounce this is an amazing business.. sad state of society when it's in the dog box.
It's a daily sell-down at the moment. A buyback would mean each...
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.9¢ | $3.357K | 115.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3325016 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 153007 | 4 |
View Market Depth
| Last trade - 13.22pm 06/05/2024 (20 minute delay) ? |
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Last
2.9¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.9¢ | 2.9¢ | 2.8¢ | 266847 | ||
| Last updated 13.22pm 06/05/2024 ? | |||||
| BCN (ASX) Chart |