As a point of interest a friend of mine purchased 10,000 shares in CSL in the IPO in June 1994 @ $2.30 ($23,000.00)
He placed them in his filing cabinet to see how they would. Over the time in January 1997 csl did a 2 for 1 share split resulting in his holding being 20,000 In March 2007 CSL did another 2 for share split resulting to his holding being 40,000. He's still holds this today and at yesterday's close his initial investment is now worth $11,972,000.00.
Imagine what your share portfolio could look like if PAR gets to commercialisation and the BOD elect to trigger Share Splits which they will to keep the stock affordable. Apology for being off topic but a point I thought worthwhile mentioning
Could this happen with PAR
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Last
24.5¢ |
Change
0.015(6.52%) |
Mkt cap ! $85.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.5¢ | 23.0¢ | $116.0K | 491.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 33682 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PAR (ASX) Chart |