This does provide a slight improvement in liquidity. At 6c, the next bid is 6.1c but at 60c the next bid is 60.5c and the big difference is at 10c vs $1. Shares trading 10 / 10.5 have a large bid/ask spread compared to $1.00 / $1.01
I hope we have this problem soon but until there's some real news, this is definitely a distraction and possible source of confusion.
I'm buying the dip and putting this in the bottom drawer for a while.
GLTA
Ann: Consolidation/Split - CDX, page-38
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Last
12.5¢ |
Change
0.029(30.2%) |
Mkt cap ! $33.83M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 13.0¢ | 9.6¢ | $73.87K | 644.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41641 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1001 | 2 |
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| Last trade - 14.14pm 06/11/2024 (20 minute delay) ? |
| CDX (ASX) Chart |