Yeah, but that's fairly intrinsically linked.
If a company is worth $100m market cap, you divide that by the number of shares on issue and it gives you a share price. It doesn't matter if that's a million or a billion.
I think you're saying that at 0.004, its a 25% jump to the next increment, which yeah, I agree, isnt ideal. If it was .04, then it'd be simpler to do .041. So really it would be easier to incrementally trade after a consolidation. If it was me, I'd push 1-for-50 or 1-for-100.
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Good summary here of the current situation, page-17
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $21.96K | 8.034M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
273 | 374806090 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 619525200 | 227 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
273 | 374806090 | 0.002 |
298 | 1090935553 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 619525200 | 227 |
0.004 | 273593586 | 116 |
0.005 | 80154762 | 60 |
0.006 | 34540906 | 36 |
0.007 | 21259925 | 22 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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