If I had a dollar for every time I've spoken to someone who says shares are cheap in the cents and expensive in the hundreds of dollars I would be rich.
When there are billions of shares out there, people perceive them to be of less value.
Retailers for years have known the value of selling something for $99.99 vs $100.
The price of a share can vary hour to hour, week to week, month to month with no real change in the value of the company - just people's perception.
For me, the stock split is just a way to reset the SP to Market Cap relationship as RFX start their growth phase.
It should make moving from 10c to 10.5c (5% jump) a bit easier.
- Forums
- ASX - By Stock
- RFX
- Ann: Consolidation/Split - RFX
Ann: Consolidation/Split - RFX, page-11
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RFX (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
RFX (ASX) Chart |
Day chart unavailable