BCN 0.00% 2.6¢ beacon minerals limited

consolidation vote yes or no, page-3

  1. 267 Posts.
    lightbulb Created with Sketch. 504
    No, changes nothing by doing so and so many consolidations go south soon as it's done for a few reasons. Currently, this is safe as houses and I can't see it going below 3c again. We could consolidate but it risks us dropping 50% in a week because of the usual lack of understanding around consolidations. Can anyone actually tell me the benefits of consolidations besides the fact that once we get to 10c, the share price moves in increments of 0.5c instead of 0.1c and hence is a larger jump in Market Cap per pip?

    Consolidation is the least of our concerns if even a concern at all. Directors are focusing on much more important things like cost cutting, exploration, tenement acquisitions etc.
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.000(0.00%)
Mkt cap ! $97.67M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $55.65K 2.217M

Buyers (Bids)

No. Vol. Price($)
2 562365 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 229630 2
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.