CPN 0.00% 5.5¢ caspin resources limited

what a night, page-11

  1. 7,611 Posts.
    JPR has a larger number of shares on issue (subject shareholder approval) and therefore a higher cap as follows:

    JPR 435m shares fully diluted x 18c = $78m mkt cap

    CPN 254m shares fully diluted x 25c = $63m makt cap

    Looking at these numbers makes you realise that there must be something rather large to be announced shortly ... the possibility exists also that the announcements will not support the current market caps and therefore it may be prudent to take some profits in each soon .....imo.

    I am eagerly awaiting the JPR preso (Monday?) ... and further news from CPN next week too.

    SALTY
 
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