Hi guys,
At the end of the day its all about the the total value of a company that tells us if a company is cheap or expensive.
The total value is called the MarketCap.
And Choo is right put in your $1000 in a company and regadless how many shares there are on isue if the company value rises by say 10% , so will your $1000 move up 10%.
No matter how many shares are on issue.
And looking at the Marketcap and the growth story behind FML, combined with the high goldprice we should see our shares go op in value, given time.
But in the meantime I hope they do not issue more shares because then we are speaking over dillution which makes our $1000 going down in value.
Hope this helps
jojo
do we dare bring up the c word?, page-35
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $32.95M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $3.285K | 28.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 8690 | 1 |
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| Last trade - 11.36am 09/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |