I've been through a couple of consolidations and I agree - but it depends how long you're in for on a stock. The price seems to often go down around the consolidation time for a while, maybe even months... but at the end of the day the market cap will find it's own level - an expression of (assets - debts) +/- market perception of potential/risk, the number of shares doesn't change that in the long term.
I've been through a couple of consolidations and I agree - but...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $8.894K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 20403872 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5789062 | 17 |
View Market Depth
| Last trade - 13.22pm 19/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |