You are placing far too much importance on SP - in terms of valuation, it is entirely irrelevant. Most small investors look for undervalued companies with potential upside in a timeframe that suits their trading/investment style, regardless of SP.
Noone gets screwed or punished in a consolidation - just simple mathematical reshuffling. As others have stated, liquidity is the only measurable that is really affected.
Buying 1 million shares @ $0.70 is identical to purchasing 10 million @ $0.07. This may be a psychological shift that you are uncomfortable with, for whatever reason, but the vast majority of investors will pay this no heed. At the end of the day, as an investor, SP % movement is all that matters.
- Forums
- ASX - By Stock
- PEK
- Ann: Shareholder Approval of Capital Consolidation
Ann: Shareholder Approval of Capital Consolidation, page-37
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEK (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.28M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.5¢ | $25.31K | 126.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5384 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 14748 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5384 | 0.200 |
5 | 127546 | 0.195 |
1 | 15000 | 0.190 |
1 | 70000 | 0.185 |
1 | 16666 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 5745 | 3 |
0.220 | 16750 | 1 |
0.225 | 15764 | 1 |
0.230 | 50000 | 1 |
0.235 | 129418 | 2 |
Last trade - 14.04pm 13/09/2024 (20 minute delay) ? |
Featured News
PEK (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online