I've never understood why a consolidation is so feared??
surely the worth of the company ie the market cap doesn't suddenly change when say 10 shares are converted to 1 new share
I can only see advantages eg gives the company the ability to cancel small holdings - I'm thinking here of this bbf members who only hold a few shares.
what are the actual disadvantages??
am looking for logic here. not emotional responses
Ann: Half Yearly Report, page-5
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Last
1.8¢ |
Change
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Mkt cap ! $46.34M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $43.66K | 2.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 10971233 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 4753567 | 21 |
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