I hope not.
Every single share consolidation I have been through has just given the company a new increased and higher share price to allow them to continue issuing shares and drive it back into the ground.
The only way a consolidation is good is if the company is making positive revenue and they want to attract new investors at a more attractive price.
But then if a company is making revenue they can always just do share buybacks instead of dividends that makes the price go up.
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Last
0.8¢ |
Change
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Mkt cap ! $23.99M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $19.58K | 2.447M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 5561509 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.8¢ | 6677323 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 5561509 | 0.007 |
12 | 5697013 | 0.006 |
5 | 2700198 | 0.005 |
1 | 1000000 | 0.003 |
6 | 18414005 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6677323 | 3 |
0.009 | 17703807 | 9 |
0.010 | 6295000 | 4 |
0.011 | 5974891 | 3 |
0.012 | 1750000 | 1 |
Last trade - 15.19pm 28/05/2024 (20 minute delay) ? |
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Last
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Last updated 15.19pm 28/05/2024 ? |
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