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.
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.91M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.3¢ | $10.17K | 756.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 4997787 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 1294883 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 4997787 | 0.013 |
17 | 5548927 | 0.012 |
12 | 6493890 | 0.011 |
16 | 7494068 | 0.010 |
6 | 2349999 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1294883 | 5 |
0.015 | 1744999 | 6 |
0.016 | 1373780 | 7 |
0.017 | 1965016 | 9 |
0.018 | 4960619 | 9 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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