Why on earth did they do a 5 for 1 at 2-3 cents? Surely a 10 or 20 to 1 would have been better.
Now we are sitting at around the second worst price for trading liquidity - 10c. It takes 5% to get an upward tick, but only 1% to get a down tick.
The worst price is $0.002 - 50% pips.
Even at where we were on Friday close - $0.022 - the pips are less than 5%.
Ann: Consolidation/Split - LOM, page-256
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Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155809 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 157173 | 1 |
View Market Depth
| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |
Day chart unavailable