Shares consoladitaion is usually done to try and attract fund managers, many with restrictions of buying shares above a certain price. MC stays the same but it would appear to have a 'less speculative' share price.
This has been used many times and one done recently but I can't remember which explorer .
to many shares, page-3
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Last
$1.15 |
Change
-0.030(2.55%) |
Mkt cap ! $1.110B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.14 | $5.092M | 4.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11182 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 1286 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |