Choo is right
I think EXT did consolidation 10 to 1, because I bought it for 2.6 cents in August 2005, but now on graph I see price 26 cents.
EXT really jumped in 2008, so in 2005 I did not feel something special about this company. I did short trades.
For FML there is no sense to do consolidation, nothing will change. I think when price will be around 20c-30c, instead of paying divident they may buy back their shares.
In this case the first parcels will be much cheaper, than the last parcel, despite they will spend money buying shares, they will get them buck through increased SP.
Less number of shares on the market may help to reduce divident payments.
It will be slow acceleration for FML, but eventially it will shoot.
Choo is rightI think EXT did consolidation 10 to 1, because I...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.38M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $441 | 4.204K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5871 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 108990 | 3 |
View Market Depth
| Last trade - 15.35pm 02/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |