Increases liquidity by increasing the number of SOI to facilitate trading. I'd also hazard a guess and say it plays on peoples value perception i.e individuals may be more inclined to move a bid of from 7-8c and opposed to moving it from 70-80c
Ann: Share Split Clarification, page-13
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.31M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 45000 | 1 |
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