Simply put.......(I hope)
A company could go broke based on lots of debt V no money/assets or inability to raise further funds to repay the debt.
If they run out of money and cannot raise more then one would expect a long term trading halt.
The company would have to be broke before the SP could drop to zero.
$00.001 is the lowest it can trade while listed. Not sure if a CX trade can be done between $00.00 and $00.001
~53.4m shares at $00.001 would give a MC of ~$53,400.00 (the shell is worth more than this)
Currently it has a MC of ~$2M
http://thepubliclistingco.com.au/services/asx-shell-companies/
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.137M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 18746946 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 23867916 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 17746946 | 0.002 |
34 | 104647947 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 23867916 | 20 |
0.004 | 5881657 | 11 |
0.005 | 3302379 | 4 |
0.006 | 4220305 | 4 |
0.007 | 4000000 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
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