The larger the number of shares on issue usually the larger the number and spread of investors holding them. this leads to more frequent activity of both selling and buying due to the greater diversity for reasons of holding. If the number of shares on issue is a very small number and you are a holder of a large percentage of them then your activity of selling is likely to push down the price in a steady market. This factor also deters most large institutions from buying as well due to the volatility it also creates. Hope this makes some sense for you. Extrapolating the consequences should indicate to you that there are many more disadvantages if the register is tight.
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Last
0.9¢ |
Change
0.001(6.25%) |
Mkt cap ! $23.52M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $13.48K | 1.591M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1613234 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4161449 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1613234 | 0.008 |
17 | 6353412 | 0.007 |
18 | 10922383 | 0.006 |
6 | 10990009 | 0.005 |
4 | 3500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4161449 | 3 |
0.010 | 2028270 | 5 |
0.011 | 2486111 | 6 |
0.012 | 1676584 | 4 |
0.013 | 1500000 | 1 |
Last trade - 14.00pm 07/08/2024 (20 minute delay) ? |
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