Consolidation does not fundamentally change a company's value or prospects. In a perfect market it would have zero effect. They are however associated with failing companies because plenty do it to conform with listing rules e.g. Nasdaq. Psychologically they can be damaging.
Ann: Successful Capital Raising. Finding More Gold, Faster, page-45
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Last
1.1¢ |
Change
-0.001(4.35%) |
Mkt cap ! $55.87M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $131.6K | 11.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1550025 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 20543875 | 26 |
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| Last trade - 15.31pm 31/07/2025 (20 minute delay) ? |
| DRE (ASX) Chart |