No mate. 0.001 is as low as she can go.
The issue then becomes a consolidation, because if you consolidate, you then create a new gap between the floor and ceiling and it can further erode wealth if the price drops POST consolidation.
You see a lot of spec stocks that trade 0.001-0.003 for months/years …. Up until the point the share base becomes absurd and they need to raise more cash, so they then consolidate.
Cheyne
Ann: Update on status of Final Feasibility Study, page-41
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Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $10.85M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $11.17K | 2.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 17329745 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 17582087 | 12 |
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