it could be unless they have news to back up wanting to do a consolidation. SP could backflip back to 4c if nothing to back up. Company has only just turned a profit. That's not earthmoving news. Based on that SP will stay low, how can they think to consolidate 20 for 1, maybe 5/10 for 1. Anyway principals of company would hold large stake so if SP backfires they dilute there holding no??
Its intruge at its best.
I'm holding
Ann: Somnomed now profitable , page-11
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Last
30.5¢ |
Change
-0.015(4.69%) |
Mkt cap ! $69.15M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 30.5¢ | $22.73K | 71.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34100 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 1800 | 1 |
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| Last trade - 10.12am 11/07/2024 (20 minute delay) ? |
| SOM (ASX) Chart |