Consolidation is smart. It cleans up the share registry a fair bit - which saves money.
As with most consolidations - there may be a drop in share price (and will here given the timing after the capital return and special div) straight after as people reconsider their investment dur to small holdings etc.
Would expect a compulsory buy-back to clean up the Share Register.
Then the company is better placed for a clean start.
The company needs significant holders jump in and stay in.
- Forums
- ASX - By Stock
- MYX
- IS SHARE CONSOLIDATION SIGNALLING SOME THING BIG?
IS SHARE CONSOLIDATION SIGNALLING SOME THING BIG?, page-18
-
- There are more pages in this discussion • 55 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 MYX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.70 |
Change
-0.120(2.49%) |
Mkt cap ! $399.8M |
Open | High | Low | Value | Volume |
$4.71 | $4.80 | $4.65 | $775.9K | 164.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 85 | $4.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.72 | 1079 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 85 | 4.690 |
3 | 2488 | 4.680 |
2 | 688 | 4.670 |
2 | 688 | 4.660 |
4 | 6688 | 4.650 |
Price($) | Vol. | No. |
---|---|---|
4.720 | 1079 | 1 |
4.740 | 874 | 2 |
4.750 | 874 | 2 |
4.760 | 745 | 1 |
4.780 | 129 | 1 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
MYX (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online