You seem to forget that the consolidation wont effect the price one ioata, e.g. 1000 shares @ 5c = $500, consolidation 10/1 = 100 shares @ 50c = $500.
Toe mato, toe marto. Both = $500.
Less shares on issue, but price of consolidated share is higher.
look for 5 cents today, page-8
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $38.97M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 29.5¢ | $107.0K | 352.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 169419 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 40000 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GDA (ASX) Chart |