Well the only negative thing i can see with consolidations is that after they happen there is more downside risk.
For example at 1.7c there is not much further for it to go but at 20c, although there are a lot less shares on issue, it has a lot further downside risk.
Maybe that's whats worrying the buyers?
wheres the buy side, page-2
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $31.34M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 17.0¢ | $20.57K | 112.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 174200 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 10 | 1 |
View Market Depth
| Last trade - 14.23pm 23/07/2024 (20 minute delay) ? |
| SRT (ASX) Chart |