NASDAQ listing would not be helpful IMO.
But a consolidation would be. At 10c the stock attracts punters who are hopeful for a 2-3c move which translates to a healthy percentage gain. Good luck to them, I am not critical, those who are good at it can do very well. But as a long term holder of NEU I'd prefer them elsewhere as they perpetuate a trading dynamic that IMO inhibits appreciation of the stock. I may be wrong but my observation is that a $1 stock is likely to be less of a plaything for traders than a 10c stock.
I think a 10:1 or even a 20:1 consolidation is the way to go. Any thoughts?
Zen
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Last
$19.97 |
Change
0.000(0.00%) |
Mkt cap ! $2.552B |
Open | High | Low | Value | Volume |
$19.96 | $19.97 | $19.69 | $4.156M | 209.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 246 | $19.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.99 | 512 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 246 | 19.880 |
2 | 741 | 19.810 |
1 | 3227 | 19.800 |
3 | 3155 | 19.770 |
2 | 917 | 19.760 |
Price($) | Vol. | No. |
---|---|---|
20.000 | 741 | 2 |
20.040 | 907 | 1 |
20.070 | 907 | 1 |
20.100 | 2100 | 2 |
20.110 | 907 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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NEU (ASX) Chart |