I'm placing this same post on BLR as I believe they are similar.
Would the company benefit from a Share Capital Consolidation to:
1. Give the Share Price some credibility;
2. Make the shares closely held;
3. Give PEN easier access to funds.
I have yet to be a shareholder of a company where the share price has benefited from consolidation, so I would prefer my few 100k shares to be valued at $3 to $5 as they are without consolidating.
Just wondering and would appreciate all views.
Thanks
Egap
I'm placing this same post on BLR as I believe they are...
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $334.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $1.047M | 10.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 9842754 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4002799 | 32 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PEN (ASX) Chart |