How can it be good?
Let's say you've got 500,000 shares. If the SP naturally gets to $1, then your investment will be worth $500,000.
But if they consolidate, for example 1:10, then you're left with 50,000 shares and your investment will be worth $50,000 at $1.
I don't get why people see it as a positive thing! Please explain if I'm wrong.
Ann: Vital Raises $45M to Complete Transition to REO Operations, page-31
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.73M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $428 | 212.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 86597121 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23603234 | 30 |
View Market Depth
| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| VML (ASX) Chart |