Red's right, unless the company can provide a substantive and sustainable improvement in their present position, a consolidation would be totally futile if they only brought the consolidated S.P. to just 1 cent.
IMO, any consolidation will be to take it to 10 cents and that means a significant increase in the non-consolidated S.P. with some very material outcomes before they even think of it.
Certainly about time we saw some progress.
40K buy, page-6
Add TEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.82M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 180000 | 1 |
View Market Depth
| Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |
Day chart unavailable