so what's next you might ask.????
1) I very very much doubt that BCPE will de-list the company from ASX. it's a piggy bank for them.
2) 1:10 consolidation. will bring shares issued approx 218MM shares.
3) share price after consolidation.
if it stays around 5.5cps = 55cps or falls back pre take over 2.4cps = 24cps.
4) IMO punters will not accept Nido's pricing be it 55cps or 24cps. I believe it will drop heavily -50+%
55cps punters will be rolling on the floor laughing even with 24cps.
they know it's a crappy dog.
..
so what's next you might ask
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Last
88.5¢ |
Change
0.035(4.12%) |
Mkt cap ! $201.8M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 88.5¢ | 83.0¢ | $23.49K | 28.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 2579 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |