Hi Goarmy,
Medal for courage if you did, old mate, but I don't think you'll get the chance. Only a tiny fraction of the 'new shares' will be owned by present existing shareholders and even if every one of us sold it wouldn't have a great impact because those coughing up 1c for the new shares obviously won't want to sell for less straight off. Sure, Silverstream and others are probably getting freebies and may opt to cash out but I don't think anyone's going to toss them out for 0.1c. I'd guess we may see 0.7c. Would you still buy at that price?
best consolidation ratio on ASX, page-23
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Last
41.5¢ |
Change
0.005(1.22%) |
Mkt cap ! $81.34M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 41.0¢ | $101.1K | 243.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45881 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 20246 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| TTM (ASX) Chart |
