CDE 0.00% 0.1¢ codeifai limited

Ann: Codeifai achieves best-ever half year result, page-5

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  1. 105 Posts.
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    For the last 15 days, trading in YPB/CDE's shares has seen some 6 million shares traded at 0.1c.

    Yesterday, someone sold /bought 716 shares at 0.1c for the sum of $1. Most likely this seller had the YPB shares before the May 2022 25:1 consolidation. So,if those shares were held before that consolidation, that would have been 716 x 25 times or 17,900. In effect those 17,900 shares were sold for $1!!!!

    At 0.1c YPB's share price is back at where they were before consolidation meaning each YPB share since consolidation is 1/25 of the then share price, or put another way, since consolidation YPB's shares have lost 96% of their value.

    It will be a miracle if YPB/CDE's share price gets any worthwhile upward movement, especially when the 406m shares on issue after consolidation has now blown out to over 2.6 billion shares.

    Not an enviable track record and the blame rests entirely on the YPB management, especially the guy at the top.




 
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