razzle7,
In December 2011 SMN did the reverse of what you are suggesting.
SMN did a 1 for 10 consolidation of their issued shares.
It appears you are now suggesting a 10 for 1 or something similar.
Your idea has merit but I believe it could be premature.
Ann: Appendix 4C - Quarterly Report & Brief Company Update, page-14
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Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.14M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 42.5¢ | 40.0¢ | $31.59K | 77.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17196 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 7862 | 2 |
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| Last trade - 12.44pm 01/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |