Share consolidation of spec stocks always dilutes SH holdings value, if the company isn't yet settled into a business that's turning over cash profits, the share price will keep slipping under through continuous CR.
Share Consolidation is almost always bad for share holders, but good Cash Cow for company.
My opinions only.
DYOR
FH
Share consolidation of spec stocks always dilutes SH holdings...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.59M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $4.829K | 1.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 36533967 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 63311943 | 66 |
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| Last trade - 15.59pm 12/07/2024 (20 minute delay) ? |
| MTL (ASX) Chart |