"Share price will be 50 x 1.7c = 85c each."
In theory, yes, but in reality - and based on observation of other companies' share consolidations - the SP is more likely to be less than 85c.
(As a wise person said: "In theory there is very little difference between theory and practice; in practice there's a hell of a lot of difference." )
"Share price will be 50 x 1.7c = 85c each."In theory, yes, but...
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $29.03M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $10.61K | 35.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 98440 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 17000 | 1 |
View Market Depth
| Last trade - 10.09am 10/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |