Why on earth did they do a 5 for 1 at 2-3 cents? Surely a 10 or 20 to 1 would have been better.
Now we are sitting at around the second worst price for trading liquidity - 10c. It takes 5% to get an upward tick, but only 1% to get a down tick.
The worst price is $0.002 - 50% pips.
Even at where we were on Friday close - $0.022 - the pips are less than 5%.
Ann: Consolidation/Split - LOM, page-256
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
