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.
- Forums
- ASX - By Stock
- Ann: Consolidation/Split - VAL
it's a 25:1 consolidation, therefore the number of shares on the...
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add THB (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $6.975M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.6¢ | $4.194K | 112.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32493 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 66001 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32493 | 0.036 |
2 | 200735 | 0.035 |
1 | 540000 | 0.034 |
2 | 354801 | 0.033 |
3 | 369789 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 66001 | 5 |
0.039 | 125771 | 2 |
0.040 | 291000 | 2 |
0.043 | 101000 | 2 |
0.044 | 79000 | 1 |
Last trade - 12.01pm 22/05/2024 (20 minute delay) ? |
|
|||||
Last
3.8¢ |
  |
Change
-0.001 ( 5.56 %) |
|||
Open | High | Low | Volume | ||
3.8¢ | 3.8¢ | 3.8¢ | 53008 | ||
Last updated 10.25am 22/05/2024 ? |
Featured News
THB (ASX) Chart |
The Watchlist
AUQ
ALARA RESOURCES LIMITED
Stephen Gethin, Non-Executive Director & Chairman
Stephen Gethin
Non-Executive Director & Chairman
Previous Video
Next Video
SPONSORED BY The Market Online