In theory, market cap should be the same after consolidation;all that has changed is the number of bits of paper available.Again theoretically,the value of the shares post consolidation should be x50 higher in price than pre consolidation price,however share consolidations historically usually result in a higher market cap. One way I suppose of getting the sp up.
I live in hope that another group can use the tax losses and shareholders end up in a better company in the future.
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In theory, market cap should be the same after consolidation;all...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.53M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $182.1K | 22.77M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 36939618 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 11435752 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 23393673 | 0.002 |
28 | 92682599 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 989929 | 2 |
0.004 | 39011968 | 15 |
0.005 | 19447740 | 8 |
0.006 | 8100000 | 4 |
0.007 | 6550000 | 3 |
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ROG (ASX) Chart |