The theory of a consolidation being of benefit to holders is that it attracts the investment funds to a company. A reverse split is usually followed by a hiatus when the s.p. does little or nothing until the broking firms wake up to the benefits of a stock. It made me very frustrated when I tried to influence the analytical side of my brokerage to follow coal stocks during the boom years. My two standouts were Excel Coal at a low of $1.88 (this was the all time low on the day of listing and I bought these shares for clients). The second was Felix at under $2. Both were taken out at a multiple of this price. I urged the firm to cover these stocks with research. They did at a much higher price but missed the really big gains!
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.42M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $3.655K | 281.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4081407 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 198432 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4081407 | 0.012 |
1 | 47272 | 0.011 |
2 | 150000 | 0.009 |
2 | 495000 | 0.008 |
2 | 300000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 198432 | 1 |
0.014 | 67000 | 1 |
0.015 | 9892009 | 2 |
0.016 | 250000 | 1 |
0.017 | 3354 | 1 |
Last trade - 15.39pm 17/07/2024 (20 minute delay) ? |
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