but. you never get your losses back. shares in the red [losses]...

  1. 1,226 Posts.
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    but. you never get your losses back. shares in the red [losses] get obliterated entirely. so if you own 10shares at 10c but share price is 1cent, you've lost 8-9c worth of shares in a consolidation at say around 1-2cents.
    of course when consolidation is effected you have same price for those shares in profit but never the shares not in profit.
    so 10c at 10c becomes 1 share at 1c. unless the consolidation is very very good one say at 1$ then you have same profits even higher.
    but not if consolidation is only a bit higher, say with imu which will probably only be around 3-6cents if that?
    consolidations are rarely high enuf to see the value of all ones shares restored and then they drop in price then more cr's blah!
    so imu would need to be consolidated at or around 37 times more than the price we see now -'40c'
    i doubt it!
    im out, the day awaits me on the high sea.
 
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(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $82.13M
Open High Low Value Volume
1.2¢ 1.3¢ 1.1¢ $376.2K 32.83M

Buyers (Bids)

No. Vol. Price($)
21 3534042 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 11298051 21
View Market Depth
Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
IMU (ASX) Chart
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