Sorry I disagree! A tightly held stock has less liquidity that’s why companies issue more shares to stabilize share price. 1 for 10 will create less shares and therefore easier to manipulate. In this case future capital raising may be the case.
Chass
share consolidation, page-8
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Last
87.0¢ |
Change
0.010(1.16%) |
Mkt cap ! $198.4M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 87.5¢ | 84.0¢ | $68.31K | 80.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10179 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 2000 | 1 |
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| Last trade - 15.45pm 08/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |