If the consolidation is 10:1 and it is trading at 0.002, the shares will become 2c right...
Soooo if it opened at 0.008 and you paid 0.002 you'd be loosing more like 60%, even if it consolidated at 0.001>0.01 since you would have already lost 50% from the 0.002 to 0.001 drop previously.
But - I have a strong feeling they will want this at at least 0.003 post consolidation, after all, it won't take much more than $100K to do that as of yesterdays market depth at close.
If the consolidation is 10:1 and it is trading at 0.002, the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
39.0¢ |
Change
0.035(9.86%) |
Mkt cap ! $45.22M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 40.0¢ | 35.0¢ | $65.47K | 169.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1596 | 2 |
View Market Depth
| Last trade - 10.29am 27/06/2025 (20 minute delay) ? |
| TNC (ASX) Chart |