I very much doubt they would consider a consolidation, and certainly not for the reasons your suggest.
Bigger funds look at the Market Cap and not the SP.
A share consolidation does not change the MC.
Profit will change it.
...and on a macro environment as soon as the interest rates start to lower the spec market will pick up.
Not that ECS Botanics will be a spec stock for much longer given it will post a profit this FY.
GLTAH
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.48M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $29.57K | 1.556M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 448050 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 838718 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 448050 | 0.019 |
7 | 6599444 | 0.018 |
12 | 3449140 | 0.017 |
14 | 3963314 | 0.016 |
9 | 2940307 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 838718 | 4 |
0.021 | 1050307 | 5 |
0.022 | 2307820 | 8 |
0.023 | 978677 | 3 |
0.024 | 2177194 | 5 |
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