RFX 0.00% 9.7¢ redflow limited

Ann: Consolidation/Split - RFX, page-11

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  1. 805 Posts.
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    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.
 
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