Is it perhaps time for a Reverse Stock Split. RFX has almost 1 billion shares. Perhaps doing a 5:1 share reduction would up the share price and make it more attractive to investors. Less shares means less supply when they are wanted and up oes the price, in theory. Our shareholding ratios would stay the same. 20c looks a lot better than 4c even if it's only perception. I wonder what the costs involved would be.
Perhaps time for a Reverse Stock Split
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9.7¢ |
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Mkt cap ! $25.63M | |||
| Open | High | Low | Value | Volume |
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| RFX (ASX) Chart |
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