$0.001 or 0.1 cents is the lowest the price can be listed at on the ASX, but you can get the effective relative price to a lower value by the company undertaking a share consolidation (reverse split) so they turn every say 100 of your shares into just 1 share - so the price would go from $0.004 as it currently to $0.40!
And then they can repeat the downward spiral like that forever.
$0.001 or 0.1 cents is the lowest the price can be listed at on...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| NET (ASX) Chart |
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