Share Split 10 for 1???
Happy for feedback. It occurs to me that we are having another smack to our share price, even AFTER an exceptional MRE.
So, good news is not enough to boost the share price in a sustained way.
Now, I know the argument that a share updraught will happen some weeks after the positive news. As it did in this case post MRE. But now it has lost all
gains and under $19. Again.
Now, no lynching mob. Just thinking of ways to support the sh an attractive option are price, given a Regal et al are playing silly buggers shorting out shares.
Doing a share split would help set WA1 as potentially more attractive to retail buyers. I know it doesn't change the market cap, but it might show potential buyers what a BARGAIN WA1 is compared to EN
A share split would get rid of the invisibility of WA1s very low number of shares on issue. Put it on par with ENR shares on issue.
And guess what ?? Having a relatively low number of shares on issue HAS NOT PROTECTED US FROM SHORTERS. Having a share split might make us more attractive with buyers and hence more protective of shareholders
Share Split 10 for 1???Happy for feedback. It occurs to me that...
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Last
$13.92 |
Change
0.330(2.43%) |
Mkt cap ! $942.6M | |||
| Open | High | Low | Value | Volume |
| $13.56 | $14.09 | $13.50 | $2.248M | 162.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $13.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 2730 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |