So, If you announce a deal involving cancelling 20% of shares wouldn't you expect share price to bounce by 20% rather than lose 16.6667%?
If not SP bounce, how else does cancellation benefit average SH?
Is the market response to the deal, therefore, a loss of 36.6667%? What was the alternative?
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So, If you announce a deal involving cancelling 20% of shares...
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Mkt cap ! $5.194M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 2582542 | 0.7¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 2582542 | 0.007 |
2 | 217643 | 0.006 |
3 | 1800000 | 0.005 |
1 | 500000 | 0.004 |
2 | 800000 | 0.003 |
Price($) | Vol. | No. |
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0.011 | 370000 | 1 |
0.012 | 150000 | 1 |
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0.016 | 259020 | 2 |
0.017 | 350000 | 1 |
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