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4.00% 2.6¢ metals australia ltd

Ann: Up to 53.7% Cg Graphite in samples at Lac Rainy Project, page-103

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  1. SeatBackForward
    3,108 Posts.
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    04/10/17
    11:32
    Post #: 27647634
    I've never understood the shares on issue argument. Who buys into a company with a specific number of shares as the criterion?

    You invest a value in dollar terms and in turn that becomes a number of shares.

    Market cap is the key.
    MLS Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.6¢ 		Change
0.001(4.00%) 		Mkt cap ! $18.90M
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2.6¢ 2.6¢ 2.5¢ $13.86K 553.6K

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