That’s exactly my point at first the share price would be higher but then would be sold down back to 1c and then it would be reflective of a more true market cap but obviously directors want the market cap to be higher as I am sure there are many loan covenant’s that would be triggered should it drop that low.
Ann: Spenda & Capricorn extend their relationship into eCommerce, page-262
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $34.59M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $9.612K | 1.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52391 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 5896304 | 12 |
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| SPX (ASX) Chart |