So post-consolidation (max cap raise), we will have 920m shares and options total.
Given a share price of 2.45c (1.4c pre-consolidation), the market cap will be $22.5m.
This is essentially what we have been estimating all along?
Hitting a market cap of $100m, will make this a 4.5x bagger. I would speculate there is plenty of room above that market cap to move as well.
- Forums
- ASX - By Stock
- MNQ
- MNQ Chart Thread
MNQ Chart Thread, page-416
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)