Hi @graydog and other forum members
My understanding is the value of RR1 shares pre-consolidation was 0.2 cents per share and after-consolidation it will be 1 cent per share.
pre-consolidation 4,000,000 shares @ 0.2 cent are worth $8,000 which translates to 800,000 shares after 5:1 consolidation @ 1 cent worth $8,000
I expect some turbulent trading for RR1 when it resumes.
I am hopeful / looking forward to positive news in future months but that does not neccesarily equal confidence... I am happy to be wrong though.
Time will tell. Sadly a lot of holders have got pretty much nothing left to loose.
GLTAH DYOR
Hi @graydog and other forum members My understanding is the...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $9.618M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $5.291K | 481.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2170061 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 570518 | 4 |
View Market Depth
| Last trade - 10.22am 31/07/2024 (20 minute delay) ? |
| RR1 (ASX) Chart |