Consolidation will be the last nail in our (SHs) coffin. Consolidation without a SOLID plan results in simply SP having room to slide to pre-consolidation SP but shareholdings being dramatically reduced and hence total shareholding value. FPL is an example to study. Note: spikes in SP in the chart is simply consolidation not increased value.
I have had a few stocks reduced to UNmarketable as a result of consolidation without a solid plan.
Ann: Small Shareholding Sale Completed, page-21
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.319M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4933 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 139048 | 1 |
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| Last trade - 16.12pm 09/10/2024 (20 minute delay) ? |
| GNM (ASX) Chart |
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