Guys ffs some need to go study markets and growth of companies. The share market at its core is for companies to raise money to build a forward thinking business. Share consolidations only occur when a company has succeeded in building said business and no longer can allocate profits to further assets and capital growth activities in turn opting to buy back shares on market.
What on earth does the company buying back shares now apart from depleting the cash on hand and diminishing our run rate achieve. Think about it!
common sense. This forum is cowboy land
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2.6¢ |
Change
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Mkt cap ! $267.6M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $286.5K | 10.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 7497011 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 5105482 | 13 |
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