HTA 3.85% 2.5¢ hutchison telecommunications (australia) limited

strange company... capital structure ?

  1. 7,495 Posts.
    lightbulb Created with Sketch. 74
    This is a large company by revenue and market cap.

    Trading at loss, mostly by assets write down and depreciation. They hold very little cash $19 mil on a $2.1 billion annual revenue.

    However, the huge number of penny shares at the moment is strange to me.

    13.573 billion shares x 4.4c = $600mil market capital with low liquidity trading is very strange.

    0.1c movement = $14mil market cap movement..

    Do you guys think shares consolidation is on the agenda ?

 
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Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $352.8M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $190 7.606K

Buyers (Bids)

No. Vol. Price($)
3 75127 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 20135 1
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Last trade - 15.39pm 27/11/2024 (20 minute delay) ?
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