Some people talk about consolidation as a risk to share holders.
I totally disagree with what they are saying.
100 million dollar company lepidico will be a 100 million dollar company if it consolidated the shares.
If consolidation happens in conjunction with finance then it will be a 200 or more million dollar company.
The thing is, you have to know the difference between a badly run company that keeps consolidating for 50 years and never achieving anything, or a company like Lepidico with enormous upside future.
What brush007 may be talking about is a company like 88e. 20 billion shares and achievements nil. Just a very slim chance of finding oil. Lepidico is not in that category at all.
Not financial or trading advice.
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Last
0.2¢ |
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Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $2.976K | 1.192M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
81 | 101053096 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 85503236 | 56 |
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No. | Vol. | Price($) |
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75 | 100562513 | 0.002 |
79 | 177030865 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 66669903 | 54 |
0.004 | 25028176 | 32 |
0.005 | 12046941 | 12 |
0.006 | 3591995 | 8 |
0.007 | 1047189 | 5 |
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