Unsure exactly but gist is that if you're holding 100 shares at say 5 cents (however that's determined) you end up with 4 shares at a $ each. Some say it's a good thing (gives prestige to the stock) others say...not so great.
Personally I think because the Co is so new...not going to be much of an issue depending on bods direction and growth potential looks good.
Ann: Consolidation/Split - LON, page-4
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.54M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27577 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 16415 | 1 |
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