Example- 1,000,000 15/1 Consolidation =66,666x.045=$3000 New con price 1,000,000 x.003=$3000 But if you are an optimist and you believe that the share price is on its way to $1 then the amount of shares comes into play 1ml shares x $1= $1,000,000 66,666 shares x $1= $66,666 I'm no maths wizard and this will look too simplistic to all you market Guru's out there but it's what probably drives alot of investors into this end of the market. Consolidations are great for management ,it gives them an opportunity to keep putting their hands out for more and more funds meanwhile diluting the crap out of loyal shareholders, There are so many goldies with 1ml plus resources in the making in the .04 cent range (DYOR) and far more advanced why would I not invest or add to those Co's, this is a no brainer for me I will be out, been through 3 con's none of them have benefited holders and PSL will be consolidated it was always on the table GLH's
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $5.472M |
Open | High | Low | Value | Volume |
1.2¢ | 1.4¢ | 1.2¢ | $2.999K | 241.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 104314 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 362000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 104314 | 0.011 |
2 | 550000 | 0.010 |
1 | 555555 | 0.009 |
3 | 770000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 362000 | 1 |
0.015 | 100000 | 1 |
0.017 | 106667 | 1 |
0.018 | 384139 | 1 |
0.019 | 13334 | 1 |
Last trade - 13.45pm 06/11/2024 (20 minute delay) ? |
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PSL (ASX) Chart |