I personally think the too many shares angle is hot air, from memory I recall BHP having somewhere between 4 to 5 billion shares, Telstra 12 Billion.
The amount of shares isn't the issue here, the issue here is people buying a stock they truly don't believe in and then ultimately sell at a lower price, hurting the rest of us believers.
Just my rant for the day, glad I got that off my chest
Newsflow looking forward, page-49
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $6.241K | 57.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 287933 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1104375 | 17 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |