I very much doubt they would consider a consolidation, and certainly not for the reasons your suggest.
Bigger funds look at the Market Cap and not the SP.
A share consolidation does not change the MC.
Profit will change it.
...and on a macro environment as soon as the interest rates start to lower the spec market will pick up.
Not that ECS Botanics will be a spec stock for much longer given it will post a profit this FY.
GLTAH
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I very much doubt they would consider a consolidation, and...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.90M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $1.651K | 103K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 865197 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 327107 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 865197 | 0.016 |
13 | 3950646 | 0.015 |
10 | 2267071 | 0.014 |
8 | 2358673 | 0.013 |
3 | 92001 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 327107 | 3 |
0.018 | 865836 | 7 |
0.019 | 667874 | 2 |
0.020 | 954251 | 8 |
0.021 | 1797308 | 6 |
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