Having experienced a few consolidations over time and hence the reason I stay away from billion(s) share issued registers, here is my prediction:
1. 1.8c Pre-consolidation
2. 1.5c CR Post-consolidation equivalent
Reason:
1. Terrible time of the year to do it (Tax loss selling season just ramping up)
2. Investors etc. stay away from pre-consolidation stocks due to uncertainty, removing demand at a time when No.1 above is just starting.
3. Each pip up and down is 5% with billions of shares on issue, post consolidation removes that 5% loss risk.
For disclosure, I may be a post-consolidation buyer
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.4¢ | 1.2¢ | $267.3K | 20.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 788815 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 13241534 | 29 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |