CDX 6.90% 5.4¢ cardiex limited

Ann: Consolidation/Split - CDX, page-38

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  1. 231 Posts.
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    This does provide a slight improvement in liquidity. At 6c, the next bid is 6.1c but at 60c the next bid is 60.5c and the big difference is at 10c vs $1. Shares trading 10 / 10.5 have a large bid/ask spread compared to $1.00 / $1.01
    I hope we have this problem soon but until there's some real news, this is definitely a distraction and possible source of confusion.
    I'm buying the dip and putting this in the bottom drawer for a while.
    GLTA
 
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