I have not seen one consolidation that has benefited existing shareholders.
I’m guessing management want to complete a significant capital raising and a pre-condition was that they first consolidate the existing shares on issue. If I’m right existing shareholders are about to be decimated, I don’t like it one bit.
Can someone show me one consolidation that has ended up benefiting existing shareholders?
I have not seen one consolidation that has benefited existing...
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$11.79 |
Change
0.130(1.11%) |
Mkt cap ! $3.526B | |||
| Open | High | Low | Value | Volume |
| $12.00 | $12.14 | $11.73 | $24.12M | 2.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7128 | $11.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 5416 | 1 |
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| PDN (ASX) Chart |