More shares issued therefore you get dilution. Market cap stays the same so it lowers the value of each share. They do that a few times then consolidate, say 5 to 1. Your 100,000 turns to 20,000 worth 5 times the previous SP.
So then the price can drop with the next CR, increase in shares and so it goes. Wash, rinse, repeat. Its the Arv way.
More shares issued therefore you get dilution. Market cap stays...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.17M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $17.74K | 1.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5931233 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 386908 | 1 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ARV (ASX) Chart |