@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?
@Freddieflintoff if the share consolidation ratio is 2:1 then...
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0.3¢ |
Change
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Mkt cap ! $8.832M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $35.42K | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 32570119 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 751438 | 3 |
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