re: consolidation...more4u2 I think the higher price per share will open a few doors with big investors. Many cannot touch penny stocks as part of their charter. Now with a 90cent - $1 stock they will be allowed to buy in.
I am a bit concerned that in effect EXT has paid somewhere between 60 - 70 million dollars (in shares) for the 49%.
I know that existing drill results have added value to the prospecting license but that's still a lot of bucks.
The 1 for 10 consolidation has been on the cards for a long time and on balance will be a positive. I would welcome a larger percentage of shares held by long termers (like me) and I think this move will help achieve that.
- Forums
- ASX - By Stock
- EXT
- great positive pre christmas announcement
great positive pre christmas announcement, page-47
-
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXT (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $7.634K | 954.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1492351 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 5963246 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1492351 | 0.008 |
10 | 4672047 | 0.007 |
5 | 1618942 | 0.006 |
3 | 5780000 | 0.005 |
3 | 10750000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5963246 | 8 |
0.010 | 7778743 | 12 |
0.011 | 4848150 | 6 |
0.012 | 6573472 | 6 |
0.013 | 10099423 | 3 |
Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
Featured News
EXT (ASX) Chart |