Cheers
"- I don't consider a 25% increase to market cap with no increase in share-price a good jump
I don't either but like it or not the MC is 25% higher at 8c after the CR than it was before and the Company is valued on its MC..
"- To me your post implied we've had a correction from a sudden spike from 5c - 9.5c and that isn't the case."
The implications was that at 9.5c with 5.5 billion shares on issue ( and thats what we will have) our MC was $522 mil which was actually 45% higher than the $360 mil it was when we had 4.5 Bil shares at 8c which is a very big spike in MC .
My original post was directed the MC and of course that is one of the realities of dilution...
Cheers Whisky
ReportReply
Kosmos gas discovery offshore Senegal, page-58
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $42.97M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 45.5¢ | $31.34K | 67.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 199900 | 2 |
View Market Depth
| Last trade - 15.59pm 13/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |