MLS metals australia ltd

Brainstorming: reconstruction = higher liquidity in share trading?, page-5

  1. 1,499 Posts.
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    "Eighty percent consolidation would reduce shares on offer to 840 million.
    Then the consolidated share price would be .016 cents."

    ? Market cap of 845,400,000 cents / 840,000,000 shares post a 5:1 consolidation = ~1 cent per share, not 0.016 cents.

    I'm not suggesting that MLS can't do a consolidation, or that the company is a dead duck. I'm just wondering why this obvious bit of housekeeping doesn't seem to be being dealt with. Maybe there's a good explanation. However, until I hear one, I won't be buying in.
 
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(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $16.03M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $16.55K 766.9K

Buyers (Bids)

No. Vol. Price($)
2 52246 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 640000 2
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MLS (ASX) Chart
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