YPB 0.00% 0.2¢ ypb group ltd

Ann: Update - Consolidation/Split - YPB, page-13

  1. 634 Posts.
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    Even on the first day of YPB shares being consolidated it needs to consolidate again as the shares have dropped below the lowest possible value before consolidation (0.1c or 0.08c in the old currency (2c in the new)). At that price the spread is already 5%, which is way too large for an orderly market. As I stated in a previous post, It should have been at least 1000:1 consolidation.

    Even after consolidating 25 times the stock is struggling to retain its newly upgraded status as a penny dreadful. We need to add new words to the English language to describe YPB - I suggest "decipenny dreadful" or "centipenny dreadful".



 
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