They can issue more shares at 1 cent, 0.009, 0.008, 0.005 or 0.001. Issuing more shares at those prices means all shareholders would have to buy more shares to compensate for the massive amount of dilution.
They could undergo a 150:1 consolidation & continue to issue more shares. Your initial investment is wiped out, especially for IPO holders. The only way to get your money back is to buy more shares to bring your buy average down or participate in every CR, which will naturally bring down your buy average.
None of the above is investment advice.
Below is just an example.
IPO was 20 cents with 160M SOI = MC $32M.
These guys then issue 20B shares.
If SP is at 0.001 then 20B SOI x 0.001 SP = MC $20M.
Remember, you bought in at IPO around 20 cents & there are now 20B shares. So 20B SOI x 20 cents = MC $4B. W2V would need a valuation of $4B just for you to get your money back. Obviously, W2V isn't going to have a MC of $4B for some time, even if they are turning a profit. Shareholders will have no choice but to buy more shares if they issue vast quantities of shares at lower prices.
Below is a calculator I use to bring my averages down.
Average Down Stock Calculator ― JustinTOOLs.com
Below is an example of a $2K investment at 20 cent IPO & then another $2K investment at 0.001 if all the dilution has stopped & W2V is turning a profit.
SOI matters, especially when it comes to your buy averages, don't let any fool on HC tell you otherwise.
- Forums
- ASX - By Stock
- W2V
- Fishy's 20 bagger
Fishy's 20 bagger, page-151
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add W2V (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.220M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $12.45K | 1.556M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 6270509 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 838415 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 6150509 | 0.008 |
4 | 1039266 | 0.007 |
3 | 1150000 | 0.006 |
2 | 900000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 838415 | 1 |
0.010 | 6139128 | 10 |
0.011 | 12216992 | 19 |
0.012 | 2500000 | 1 |
0.014 | 306677 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
W2V (ASX) Chart |