I understand you have never had a good result with consolidation in the past. I honestly have not invested in small companies much in the past. Yes the 100:1 was over the top, I have seen others post a 10:1 so that sounds more reasonable.
So what can be the outcome of a consolidation ?
1/ mc stays the same = no worse off = ok
2/ mc rises = ok (all happy)
3/ mc falls = no one happy but at least we tried
So a 2 in 3 chance of an ok outcome. Good odds.
I understand you have never had a good result with consolidation...
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 49.0¢ | $44.98K | 89.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 37144 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BRK (ASX) Chart |