The trading price post consolidation will have to be $0.24 just to maintain staus quo.
I hope the board have a white rabbit they are going to pull out of the hat in the next few weeks, otherwise it is not unreasonable to expect the share price to dwindle downwards to below ten cents. Effectively more than halving our 'pre con' investment.
Also, any announcements will have to be really good to maintain that price.
Many companies with a lot more proven resources than this one are struggling to maintain 30cents per share and I certainly cannot see $0.86 in the forseeable future.
Nevertheless, lets consider the white rabbit......
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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11 | 3446127 | 0.006 |
10 | 6486812 | 0.005 |
15 | 18440290 | 0.004 |
5 | 18433656 | 0.003 |
Price($) | Vol. | No. |
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0.008 | 1071753 | 3 |
0.009 | 1142857 | 2 |
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