With 14billion shares on issue, the company raising money at 0.0005, the possibility of this stock ever moving through all those shares and getting up to a couple of cents is nigh-on impossible.
A share consolidation would kill us off even more. I am yet to see a share consolidation work out well.
I only see this newspaper article as an attempt to try and pump some buyers to buy some of the shares stacked at 0.001 that the mates got for 0.0005.
The (ex.) management of this company have completely screwed us all.
How can this end well with 14billion shares?! Every pip will add $14 million to the mcap
Ann: Pardoo Supply Well Exploration Update, page-12
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.296M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $3.208K | 1.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 93 | 373667480 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 40425373 | 31 |
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| Last trade - 13.34pm 27/09/2024 (20 minute delay) ? |
| MTL (ASX) Chart |