Actually DLS is an excellent example of the impact a share consolidation has on the SP.
DLS did its 1:10 reverse split in Feb 2011, whereupon the price went from 72.9c to 44.5c over the ensuing 7 months.
It didn't really start to recover until they were able to announce new finds and increased resources in early 2012.
I'm not saying PRR should never do a share consolidation, just that until they can rack up some significant progress towards commercialisation, the market would see it as a furphy and crush the SP further.
- Forums
- ASX - By Stock
- IMM
- Shareholder's Lament.......
Shareholder's Lament......., page-17
Featured News
Add IMM (ASX) to my watchlist
|
|||||
Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $598.3M |
Open | High | Low | Value | Volume |
41.5¢ | 42.5¢ | 41.0¢ | $1.132M | 2.721M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 15565 | 41.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 246989 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 15565 | 0.415 |
4 | 230569 | 0.410 |
4 | 34436 | 0.405 |
7 | 45918 | 0.400 |
5 | 169711 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 246989 | 7 |
0.430 | 110012 | 6 |
0.435 | 60064 | 4 |
0.440 | 57636 | 5 |
0.445 | 27000 | 3 |
Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |