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
I very much doubt they would consider a consolidation, and...
-
- There are more pages in this discussion • 318 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.001(3.45%) |
Mkt cap ! $19.32M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $1.379K | 92.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 5274152 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 764372 | 4 |
View Market Depth
| Last trade - 11.22am 07/08/2024 (20 minute delay) ? |
| ECS (ASX) Chart |