You do realise if management did a share consolidation that the market cap would remain the same? Less shares on issue but the SP would be higher. For instance a 10:1 consolidation at todays price would mean 300M shares on issue and a share price of 13 cents.
You do realise if management did a share consolidation that the...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $50.63M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $3.664K | 345.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4458789 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1790962 | 7 |
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| Last trade - 15.44pm 27/09/2024 (20 minute delay) ? |
| SPX (ASX) Chart |