Share price goes up but the value of your shares technically stays the same...
Unfortunately for a company to artificially prop up its share price by reducing the number is shares, only indicates a bearish outlook.
Let's hope they does continue the reverse split approach as it will continue to drive the value of the company down overtime, unless organic growth occurs (i.e. they actually do something market changing which drives increased investment etc.)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $5.161M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $4.418K | 210.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58195 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1259644 | 3 |
View Market Depth
| Last trade - 15.00pm 22/07/2025 (20 minute delay) ? |
| OPL (ASX) Chart |