Maybe you don't understand the dynamics. It seems pretty straightforward to me. If the share price lands in the .70 cents range in the next day or so, no one will be able to buy a million shares for under 700,000.00. The small investors who look for these deals just got punished, that's all. Sure, this company seems great and will go forward and provide good returns, I am not arguing that. But damn, I was a lot more motivated to purchase this stock until now. If you "market capitalization" means this will eventually be a 70 dollar stock then the 10:1 consolidation will make sense to me, but I strongly doubt it will even be a 20 dollar stock. I hope I am wrong.
- Forums
- ASX - By Stock
- PEK
- Ann: Shareholder Approval of Capital Consolidation
Ann: Shareholder Approval of Capital Consolidation, page-36
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEK (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $49.28M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 18.0¢ | $16.42K | 90.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 101569 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 34939 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 101569 | 0.180 |
3 | 469624 | 0.175 |
4 | 828674 | 0.170 |
1 | 212886 | 0.165 |
3 | 253156 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 34939 | 1 |
0.195 | 71880 | 2 |
0.200 | 5500 | 1 |
0.215 | 10807 | 2 |
0.220 | 18500 | 1 |
Last trade - 15.45pm 12/07/2024 (20 minute delay) ? |
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
PEK (ASX) Chart |