The reason for the consolidation is often important:
When penny stocks keep issuing and raising, then consolidating as they burn the $$, they often get a bad name and the consolidation can be a cause for a further downgrading. End result, lower market cap.
Some companies with a decent market cap and good prospectives, but for various reasons a large number of shares outstanding, want to move their SP into a band where they are not seen as a penny stock. End result, market cap trending upwards.
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Last
0.2¢ |
Change
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Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $806 | 402.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
161 | 160901130 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 104779532 | 52 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
156 | 155551130 | 0.002 |
47 | 181739247 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 65046411 | 47 |
0.004 | 34250390 | 38 |
0.005 | 11136545 | 11 |
0.006 | 9296154 | 15 |
0.007 | 4963896 | 6 |
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