I agree Mr Spylord. IMO 15:1 consolidation would be reasonable. I think the time is getting closer for something along these lines to occur. They have raised some funds but in next 12 months they are probably going to need more and that is going to be very tough especially if economic climate remains same or gets worse. If they go high 15:1 the share price will hit $1.15 [some shareholders who are paying attention will get a shock] but if they have a find as good as everyone seems to think then they will be able to raise all that they want and still have a manageable number of shares on issue. There are 2 down sides, 1 is price then has a long way to fall if find isn’t as good as thought and our holdings will have dwindled. Still time will tell.
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21776 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 94070 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33702 | 0.495 |
1 | 99999 | 0.490 |
2 | 104597 | 0.485 |
3 | 160000 | 0.480 |
1 | 100000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 94070 | 2 |
0.510 | 200000 | 2 |
0.515 | 120000 | 2 |
0.520 | 335203 | 4 |
0.525 | 118000 | 2 |
Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
FAR (ASX) Chart |
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