CEO 0.00% 4.2¢ c @ limited

It is inappropriate to compare companies with their share...

  1. 3,134 Posts.
    It is inappropriate to compare companies with their share prices. Market cap is a better yardstick. CEO, after CR, is $50m compare with AKM of $223m. AKM MC has fallen 50% otherwise the comparison would be more astounding.

    CEO licenses are much nearer to China than AKM's, giving CEO significant cost advantage.

    Consolidating at 20:1 and bringing the CR price to $1 will deter many penny stocks players but attract better institutions, giving a more stable share register and less SP volatility.

    CEO has been a penny stock, and many will not be comfortable with a stock to be consolidated at $1. I think they have contributed to the weakness of the SP.
 
watchlist Created with Sketch. Add CEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.