This financial engineering comes with an administration cost. It only adds “value” if investors believe they are richer for owning one $2 coin instead of forty 5c pieces. The market is generally more rational than this but perhaps that’s not true for micro-cap stocks. I can see pros and cons to trading with a 0.5c tick size.
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $122.5M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.8¢ | $158.2K | 5.630M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10992492 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 8696639 | 13 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| BCN (ASX) Chart |