WBE has over 4 billion shares and its not even half a cent.
Do you think shares on issue has a big impact on a companies SP even if they do end up succeeding and running a profitable business?
Recently I saw an Iron Ore explorer 3 bag in one week and they have over 2 billion shares on issue, they haven't produced anything and currently trading at 1 cent
I ask because I've always given heavy wait to the amount of shares on issue when it comes to small caps.
WBE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
