"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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metals australia ltd
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"Eighty percent consolidation would reduce shares on offer to...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.57M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 1.9¢ | $27.39K | 1.403M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 410350 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.020 |
3 | 823796 | 0.019 |
10 | 3133035 | 0.018 |
5 | 1850050 | 0.017 |
12 | 3133800 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 410350 | 4 |
0.022 | 150000 | 2 |
0.023 | 640000 | 2 |
0.024 | 2934545 | 4 |
0.026 | 435626 | 2 |
Last trade - 11.48am 23/07/2025 (20 minute delay) ? |
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MLS (ASX) Chart |