Thank you Brant, I am glad you are still holding and thank you and Selecto both for covering everything about CAD.
So now perhaps we should research other factors such as a CR and Consolidation. For cad to be taken seriously by institutions they will need a consolidation at some point because it cannot be done with anything over 5.5 Billion shares and a sp of 0.003 perhaps 550M would be ok if we had a reflecting price so if it were a 10:1 Consolidation we are looking at 3c but that is still not attractive for the larger investors. these figure below will change obviously if we have a cr however it is somewhere to start.
10:1 = 3c
20:1=6c
30:1=9c
50:1=15c
100:1=30c (this area will attract sophisticated investors)
@Motorheadbeany I respect your opinions too so please come back for the debate as the more heads we have together the better we can asses the possibilities.
This isn't a debate about who is right or wrong it is a debate to cover all possibilities if we can. We all have our own concerns about different stocks so lets fire away.
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Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.498K | 1.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
102 | 410528361 | 0.1¢ |
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Price($) | Vol. | No. |
---|---|---|
0.2¢ | 38997500 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
102 | 410528361 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 38997500 | 30 |
0.003 | 62462911 | 51 |
0.004 | 22066343 | 20 |
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