Well, they might as well try a share consolidation. It will make the shares less liquid and more tightly held. It will prevent the pip traders from making 30% plus gains on the trading of a pip.
With less shares on issue and maybe, just maybe, some good news & announcements then the share price may and it’s a big may move upwards. What’s the alternative? Stuck at 0.004 and 0.005 for ages? Even with some positive news.
I don’t know much about share consolidations but what’s the alternative? What do others think?
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-4
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Last
95.0¢ |
Change
0.010(1.06%) |
Mkt cap ! $13.51M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | $1.02 | 94.0¢ | $110.7K | 114.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15628 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 1909 | 2 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| OSL (ASX) Chart |