Hey jyefrey
Not a silly question.
If nothing progresses with mining, etc in the next year or so, then my guess would be for a MASSIVE consolidation (e.g., perhaps as much as 1 new share for every 10 shares cancelled) to bring the total number of shares on issue down thus raising the share price - which ends up usually quite a bit less than it should be (i.e., it won't be 10x the pre-consolidation price) - and then another CR. The cycle repeats based on how much company spin investors digest and how much operational success company achieves.
Cheers.
Hey jyefreyNot a silly question.If nothing progresses with...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $11.7K | 975.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 35271719 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 612037 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |
