AGO
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0.00% 4.5¢ atlas iron limited

Potential, page-89

  1. sigmadelta
    10,295 Posts.
    lightbulb Created with Sketch. 999
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    06/01/18
    11:15
    Post #: 30090593
    No you're not taking into account market cap. You're using shares on issue, and you are not considering the capitalisation of the companies.

    A simplistic calculation JUST involving market cap would be
    0.031 x (4,100 / 287) = about 44c.
    AGO Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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