Having experienced a few consolidations over time and hence the reason I stay away from billion(s) share issued registers, here is my prediction:
1. 1.8c Pre-consolidation
2. 1.5c CR Post-consolidation equivalent
Reason:
1. Terrible time of the year to do it (Tax loss selling season just ramping up)
2. Investors etc. stay away from pre-consolidation stocks due to uncertainty, removing demand at a time when No.1 above is just starting.
3. Each pip up and down is 5% with billions of shares on issue, post consolidation removes that 5% loss risk.
For disclosure, I may be a post-consolidation buyer
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $89.60M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $140.7K | 11.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 9000852 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 6923007 | 25 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |