How do you arrive at A$0.065 to A$0.075 ? If the share price currently stands at A$0.025 then surely 4 x = A$0.10? Perhaps I am not following the logic but the share consolidation is based on 25 to 1 = 4 times based on the actual trading price at the time.
Is there a reason you have applied a discount? Once the SP is above A$0.10 it moves in A$0.05 increments rather than A$0.001 where we currently sit? Of course, I understand there can, and will be movements both up and down but from a LTH’s perspective and the pip traders surely the A$0.05 increments look far more attractive.
Happy to be corrected as I haven’t dedicated a lot of time to the consolidation as I am looking forward to the next twelve months not the next couple of weeks.
Good Luck All
How do you arrive at A$0.065 to A$0.075 ? If the share price...
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Last
$3.29 |
Change
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Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11355 | $3.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 12500 | 2 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
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