@Freddieflintoff if the share consolidation ratio is 2:1 then the SP theoretically increases at the same rate.
For example, if SOI is 900m and the SP 1.20 then MC is $1.08b. If they consolidate the SOI to 450m then the SP will be $2.40 with a MC still @ $1.08b.
However, there is no material effect to the value of your holdings just increases the appetite for buying as there is less shares on the market to trade.
Is that not how it works?
- Forums
- ASX - By Stock
- PUR
- Ann: Warrior Project Update Heritage Clearance Received
Ann: Warrior Project Update Heritage Clearance Received, page-81
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUR (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.088M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $50 | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 57478414 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 37066722 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
55 | 57478414 | 0.002 |
24 | 54589339 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 37066722 | 25 |
0.004 | 44659273 | 28 |
0.005 | 16594504 | 17 |
0.006 | 12026183 | 5 |
0.007 | 4446972 | 8 |
Last trade - 12.49pm 15/08/2024 (20 minute delay) ? |
Featured News
PUR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online