lol.... you are just trolling right? Consolidation is not used to reduce market cap. Based on yesterday's close of $7.31, 5 for 1 will place a2m at $36.55 just to give you an example. Yes, LYC, etc after consolidation has gone down, but that wasn't the intention, the intention is to reduce the number of shares on the register and have your share price relative to your sector/competitor. Hope that helped...
Ann: Admission to the S&P/ASX 100 and S&P/NZX 10 Indices, page-96
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 (20min delay)
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Last
$6.90 |
Change
0.020(0.29%) |
Mkt cap ! $5.028B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.98 | $6.89 | $4.194M | 604.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 7991 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.90 | 971 | 1 |
View Market Depth
| Last trade - 11.52am 15/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |