Yes, this was warned by many prior to the consolidation. The SP was bottom lining on the lowest quotable price, so there was no liquidity. Without liquidity the business is at risk via a lack of ability to raise capital.
Ann: Coldry Project Update, page-27
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Mkt cap ! $12.68M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.329K | 582.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 23913231 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7265043 | 13 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 250000 | ||
| Last updated 10.28am 07/06/2024 ? | |||||
| ECT (ASX) Chart |