Hello Msinosich
Thank you for your response - I always enjoy reading your posts.
So a 15 : 1 consolidation. That would bring 5500 million (or 5.5 billion) shares down to approximately 366 million shares.
Am I to then assume our current share price value would automatically go up by 15 to approximately $1.20 per share ? (note: obviously no actual profit would be made there).
Am I correct in saying that even in this scenario we would need another 100mmbls (another 15% in SNE or some other field) to double the share price to $2.40 (or currently 16cents per share).
Ele.
The true value of FAR, page-4
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |