Actually DLS is an excellent example of the impact a share consolidation has on the SP.
DLS did its 1:10 reverse split in Feb 2011, whereupon the price went from 72.9c to 44.5c over the ensuing 7 months.
It didn't really start to recover until they were able to announce new finds and increased resources in early 2012.
I'm not saying PRR should never do a share consolidation, just that until they can rack up some significant progress towards commercialisation, the market would see it as a furphy and crush the SP further.
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Last
45.0¢ |
Change
0.005(1.12%) |
Mkt cap ! $534.9M |
Open | High | Low | Value | Volume |
44.0¢ | 45.5¢ | 44.0¢ | $432.5K | 968.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10175 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 26893 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10175 | 0.450 |
8 | 106656 | 0.445 |
10 | 142659 | 0.440 |
6 | 93011 | 0.435 |
7 | 67526 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 26893 | 2 |
0.460 | 80735 | 4 |
0.465 | 39981 | 2 |
0.470 | 34586 | 2 |
0.475 | 9392 | 2 |
Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
44.5¢ |
  |
Change
0.005 ( 0.16 %) |
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Open | High | Low | Volume | ||
44.5¢ | 45.5¢ | 44.5¢ | 305959 | ||
Last updated 15.59pm 27/05/2024 ? |
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IMM (ASX) Chart |