I'm not a fan of share consolidation. I much prefer a company to do on market buy backs - and in the case of AUZ once they are in production, however consolidation impacts are driven by the ratio of consolidation in relation to a holders average buy price to the consolidation and reissue price. I done well out of the AHZ consolidation (Sold early after the relisting) and lost money on one or two others. When BHP and FXJ done on market buy backs it at least maintained the current price bottoms and left the door open for gains in SP appreciation. I subsequently traded out at a profit on the first and break even on the second of these two companies.
I wouldn't be a fan of a consolidation proposal in any form at this stage of the game however my point is that they can work based on your average buy price to post consolidation price.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.98M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $11.80K | 1.169M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 23993889 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1175337 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 18333334 | 0.009 |
22 | 23216611 | 0.008 |
44 | 26106598 | 0.007 |
20 | 54140113 | 0.006 |
13 | 41900199 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1175337 | 2 |
0.011 | 3650099 | 9 |
0.012 | 3706805 | 18 |
0.013 | 6446364 | 14 |
0.014 | 1793709 | 6 |
Last trade - 13.47pm 11/10/2024 (20 minute delay) ? |
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