Correct but the price of the share is arbitrary that is just what you can sell your hold for. A 10 for 1 just means 10 for every to shares you now have one.
It does not change to market cap of the company SOI x SP which is the true measure of company value.
Ann: Saxby Exploration Update, page-10
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $6.710M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $39.37K | 3.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 926046 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1692526 | 5 |
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| Last trade - 15.21pm 08/11/2024 (20 minute delay) ? |
| SER (ASX) Chart |