The lucky thing atm is we can't go sub ~$10mil market cap but post consolidation we'll go lower...... Not even a question...... There isn't the floor (0.001 - we can't go to 0.0001 for example) in the share price anymore keeping it at these levels....... The market won't value this at the currently lowest possible ~$10mil and we'll see it go lower the only thing that's been stopping it reaching the ~$5mil or under is we're at the last pip down atm lol
Added to that the lack of liquidity meaning anyone that will want out (especially if they have a decent holding) a sell down now crashes the share price....... Which I could see being a problem with people probably running for the door post consolidation........
This is fully cooked lol
- Forums
- ASX - By Stock
- XTC
- Consolidation - Possible Master Stroke
Consolidation - Possible Master Stroke, page-10
Featured News
Add XTC (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.6K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
XTC (ASX) Chart |
Day chart unavailable