This is the 1st time that I have been involved in a share "consolidation", so like some others I am a bit confused. My original (volume) of BOE shares @.26c have now been divided by 8 and are now BOEDA @ $ 2.35 ish. If this is correct, why would investors feel that paying $2.35 per share is good value when they were paying .30c per share pre consolidation. The value of the company/project has not increased 8 fold has it. As a newby, it just seems to me that the benefit of investing in a company at a low share price of (.26c) with the potential for exponential share price increase, has been removed. Was hoping for a Disallowed, this would surely be unlikely now. From reading all of the posts, I feel that I must be missing something. would appreciate some clarity.
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$2.96 |
Change
0.010(0.34%) |
Mkt cap ! $1.229B |
Open | High | Low | Value | Volume |
$2.95 | $3.00 | $2.93 | $3.690M | 1.241M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 71209 | $2.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.96 | 13645 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 71202 | 2.950 |
18 | 93927 | 2.940 |
15 | 99438 | 2.930 |
13 | 192798 | 2.920 |
6 | 35452 | 2.910 |
Price($) | Vol. | No. |
---|---|---|
2.960 | 14653 | 17 |
2.970 | 70759 | 31 |
2.980 | 90444 | 22 |
2.990 | 93282 | 23 |
3.000 | 79784 | 19 |
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