How can it be good?
Let's say you've got 500,000 shares. If the SP naturally gets to $1, then your investment will be worth $500,000.
But if they consolidate, for example 1:10, then you're left with 50,000 shares and your investment will be worth $50,000 at $1.
I don't get why people see it as a positive thing! Please explain if I'm wrong.
Ann: Vital Raises $45M to Complete Transition to REO Operations, page-31
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Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $2.834K | 1.414M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 31914027 | 56 |
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| VML (ASX) Chart |