Hi,
Consolidation will just enable those wanting to exit, to exit at a better price.
For example,
2.2 to 2.1 = 5% loss
70 to 69 = 1.5% loss
In my experience, a consolidation 99% of the time results in a drop in share price due to mitigating a loss.
Also, tax loss selling time of the year, not looking good is it!
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.13M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $338.0K | 30.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3480808 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 10994115 | 28 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |