Just have a look at BLY they did a 1:10 swap which gave them a
new sp of $2.40 and is trading above $3.00 last I looked.
So could be a good thing for long term holders providing the cost of making it happen doesn't out weigh the gain.
Ann: Proposal for Share Consolidation , page-17
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Last
24.0¢ |
Change
0.010(4.35%) |
Mkt cap ! $200.4M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.0¢ | $497.1K | 2.102M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 126118 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 487307 | 18 |
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| Last trade - 13.56pm 05/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |