"5 years ago well before any Consolidation it was 8.5 cents with 1 bl share,s at the same Ration today that would be $1.2"
Good point but your math is way off.
Back then at 10 cents it had a market cap of almost $100 million.
Now it has a market cap of almost $100 million at a equivalent share price of about 1.8 cents
So you see, back then 10 cents and now 1.8 cents is the same and the company has gone nowhere
That is RM's legacy in a nutshell! That is what endless dilution does
- Forums
- ASX - By Stock
- AVQ
- Ann: Trading Halt-AVQ.AX
Ann: Trading Halt-AVQ.AX, page-320
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)