You will have less shares but post consolidation the share price should be 25 times higher. It's likely given the lack of positive news it will drop below that upon relisting and if another cap raising will gravitate towards the issue price. Like it did this last soul destroying raise.
Ann: Proposed Share Consolidation, page-21
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $136.5M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.0¢ | $408.1K | 3.153M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111691 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 102906 | 5 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
0.010 ( 6.12 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 13.5¢ | 12.5¢ | 2007385 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| ALA (ASX) Chart |