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3.5¢ thunderbird resources limited

ok cool, so really status quo upon relisting. Until further...

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asxtrader007

4,219 Posts.

537

16/02/24

14:44

Post #: 72445993
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Originally posted by 82Punter: ↑

it's a 25:1 consolidation, therefore the number of shares on the register is divided by 25 and the SP multiplied by 25.
The effect is that the value of each person's shareholding remains the same as at the commencement of trading following the consolidation.

Unfortunately, the reality is often that following the consolidation a small cap explorer with a variety of projects to keep funding will generally proceed to do many more capital raises and the register will get heavily diluted again and the SP eventually falls back close to current levels, unless of course they have a turnaround in performance.

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ok cool, so really status quo upon relisting. Until further raises etc. should be a positive then after relisting occurs.

VAL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 3.5¢		Change 0.000(0.00%)		Mkt cap ! $6.425M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.5¢	$560	16.01K

Buyers (Bids)

No.	Vol.	Price($)
1	424031	3.5¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	37358	2

View Market Depth

No.	Vol.	Price($)
1	424031	0.035
1	200000	0.033
1	43750	0.032
3	155029	0.031
2	66700	0.030

Price($)	Vol.	No.
0.036	37358	2
0.037	98943	2
0.038	122138	2
0.039	303600	3
0.040	298889	6

Last trade - 11.00am 01/05/2024 (20 minute delay)

THB (ASX) Chart

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