In part it comes to phsycology with 1,024,000,000 (billion) on issue at sub 10 cents
it looks exactly like a penny dreadful.
By changeing to 124,000,000 (million) at sub $1 it looks more like a substancial company.
Please don't shoot the messanger here. It come down to as they said in The Castle the "vibe".
Also some broking houses will not recommend or back with leverage ie: Margin
loans unless amoung other things, a company has a share price of arround $1.
I know this probably sounds silly but in the main these are the reasons and yes I back them to do it 100%.
The more serious coverage we get the better off we will be.
Cheers hope this helps
- Forums
- ASX - By Stock
- interested in the response to the 10 for 1
In part it comes to phsycology with 1,024,000,000 (billion) on...
-
- There are more pages in this discussion • 2 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 EGN (ASX) to my watchlist
|
|||||
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.42M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 148 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 55911 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 148 | 0.185 |
1 | 31250 | 0.160 |
1 | 2000 | 0.150 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 55911 | 1 |
0.210 | 3000 | 1 |
0.240 | 3000 | 1 |
0.250 | 56508 | 1 |
0.280 | 2020 | 1 |
Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
Featured News
EGN (ASX) Chart |
Day chart unavailable