I've been through a couple of consolidations and I agree - but it depends how long you're in for on a stock. The price seems to often go down around the consolidation time for a while, maybe even months... but at the end of the day the market cap will find it's own level - an expression of (assets - debts) +/- market perception of potential/risk, the number of shares doesn't change that in the long term.
Let's talk about the "C" word., page-2
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Last
1.0¢ |
Change
0.001(5.56%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.51K | 151.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 4183372 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3624426 | 19 |
View Market Depth
| Last trade - 10.00am 19/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |