Dirigo,
The company has had a 1:10 share consolidation (what you have termed as a 'reverse split').
There is no impact on the value of the company.
However, trading in the stock does get impacted by market players and can result in a +tive or -tive impact on the share price.
As you have shown 1,000,000 become 100,000 shares.
Share price on that basis moves from $0.07 per share to $0.70 per share.
These 'new' shares have now traded to ~$0685 per share OR =~$0.0685 pre consolidation.
The enterprise or company value remains relative to the share price.
Not too sure whether this helps you or hinders you?
Regards............................
Dirigo,The company has had a 1:10 share consolidation (what you...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.28M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $25.31K | 126.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5384 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 14748 | 4 |
View Market Depth
| Last trade - 14.04pm 13/09/2024 (20 minute delay) ? |
| PEK (ASX) Chart |