UXA 0.00% 0.0¢ uxa resources ltd

Hey team, Sorry still super new to this trading business. A...

  1. 36 Posts.
    Hey team,

    Sorry still super new to this trading business. A little lost, i have never seen a stock for $0.00001 before.

    So basically they are really trying to get anyone to give them money to re-list the company. Then they are planning on consolidate the stock? I am really only starting to study stocks, but i dont understand why a 0.2 cent stock is issuing shares at $0.00001, wont that massively dilute our existing stocks? does the company look that undesirable?

    Any trader knowledge for my education would be great,

    Cheers,
 
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Currently unlisted public company.

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