I personally think the too many shares angle is hot air, from memory I recall BHP having somewhere between 4 to 5 billion shares, Telstra 12 Billion.
The amount of shares isn't the issue here, the issue here is people buying a stock they truly don't believe in and then ultimately sell at a lower price, hurting the rest of us believers.
Just my rant for the day, glad I got that off my chest
I personally think the too many shares angle is hot air, from...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $77.19M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $15.77K | 137.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1088450 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 487997 | 11 |
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