The current number of shares on issue is over 2 billion & the current SP is 0.001 cents.
The only way forward for CUL is a 50 for 1 consolidation, making the temporary SP = 5 cents. Followed by a CR @ say 4 cents.
This would only work if prior to this move, they promptly did some extensive drilling & found something worthwhile.
Otherwise we would very quickly head back down to a SP of 0.001 cents again and be 10 times worse off than we are now.
I am not holding my breath on this one.
PS. Good to see the reduction in board members but IMHO too little too late. Cheers.
The current number of shares on issue is over 2 billion & the...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.160M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4608456 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 135000 | 1 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| CUL (ASX) Chart |
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