No, it's mathematically irrelevant. You'd still just be 20% in the red.
If anything, if it's a quality company like Galaxy trading in the circa 40c, all of a sudden after a 5-1 consol ($2+) and many instos and fund managers (especially International) can participate as they have set minimum price points in which they will buy at. A bit odd considering the MC does not change, but there ya go.
Lithium Related News, page-72
Add LPD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.91M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $30.03K | 10.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 141 | 224536772 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 26228262 | 19 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
0.3¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 1813333 | ||
| Last updated 15.38pm 26/04/2024 ? | |||||
| LPD (ASX) Chart |