Amigos, let's be clear about the consolidation (which occurred early in 2021) . The price before consolidation was trading between 0.2c and 0.3c. It was a 20 to 1 consolidation, so that is equivelant to a new shareprice of 4c to 6c. Today it is 3.5c, which is equivalent to 0.175c in preconsolidaiton terms. The chart below shows the sharprice of Corazon shares for the last 5 years - the spike upwards in earl 2021 is simply the effect of consolidation. The chart is typical for junior explorers which are consolidating their JORC resource prior to mining - the orphan period.
Ann: Capital Raising, page-23
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $4.007M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $6.939K | 1.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3105704 | 8 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| CZN (ASX) Chart |