PCK 0.00% 3.0¢ painchek ltd

EPT Breakout, page-125

  1. 2,007 Posts.
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    Hey mate, ill give a go at explaining:
    I think including escrowed shares is used to calculated fully diluted MC for long term investments....and I think thats the correct by the book way to go about it but its kinda like including the performance shares where the company isnt near the milestones. Being in a spec end I dont plan on holding something for years so I look at the short term diluted MC....
    So this includes options that may be exercised soon and add more shares into the market, escrowed shares that may be released short term, current receivables etc etc.
    For example if this company was to have options at 15c strike price I wouldnt even bother including them into the MC at our current stage. I did however include the 7c options as we could easily double on some good news have them converted to heads and issue shares into the market increasing our MC - so that needs to be considered.

    Its not by the book but I feel is a more realistic/probabilistic way of looking at it rather than seeing what our MC would be in years time when very likely most of us wont be holding.

    Here is a summary of what I have including options:


    As for the 2day chart update its looking good found demand where it needed to, also found a little hint of supply which will be taken care of if we keep going as we are:
 
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