I'm placing this same post on BLR as I believe they are similar.
Would the company benefit from a Share Capital Consolidation to:
1. Give the Share Price some credibility;
2. Make the shares closely held;
3. Give PEN easier access to funds.
I have yet to be a shareholder of a company where the share price has benefited from consolidation, so I would prefer my few 100k shares to be valued at $3 to $5 as they are without consolidating.
Just wondering and would appreciate all views.
Thanks
Egap
cover story on pen in the australin investor, page-25
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $334.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $596.9K | 5.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 2490679 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1941201 | 16 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |