If I had a dollar for every time I've spoken to someone who says shares are cheap in the cents and expensive in the hundreds of dollars I would be rich.
When there are billions of shares out there, people perceive them to be of less value.
Retailers for years have known the value of selling something for $99.99 vs $100.
The price of a share can vary hour to hour, week to week, month to month with no real change in the value of the company - just people's perception.
For me, the stock split is just a way to reset the SP to Market Cap relationship as RFX start their growth phase.
It should make moving from 10c to 10.5c (5% jump) a bit easier.
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.37M |
Open | High | Low | Value | Volume |
9.5¢ | 9.6¢ | 9.5¢ | $31.26K | 328.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 172946 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 17019 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 172946 | 0.095 |
1 | 10000 | 0.091 |
5 | 195544 | 0.090 |
1 | 453 | 0.089 |
1 | 41000 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 17019 | 2 |
0.098 | 4 | 1 |
0.100 | 108959 | 1 |
0.105 | 41897 | 5 |
0.110 | 20646 | 3 |
Last trade - 13.56pm 22/08/2024 (20 minute delay) ? |
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