VPR 0.00% 0.2¢ volt group limited

Enerji Alive or Dead, page-27

  1. 10,370 Posts.
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    Nobo
    High stock liquidity is important in a listed company. If ECM and associates will own 90% of ERJ, they are more likely to make sure that ERJ is a tradable stock with high liquidity in particular that ERJ will be relisted at 0.001 (after obtaining the ASX approval). Since cost of most current shareholders (holders) is very high, and average cost could be around 0.015 to 0.020, they are less likely to sell their shares. In this case, tradable shares available on the market are not too many therefore any buying and selling post relisting could easily push up the share price. Any consolidation will make the stock becoming ILLIQUID.
 
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