Actually this article isn’t right on the money / the problem with some of the listed names is that there are now many unlisted shares and options that must be assumed to be part of the full capital structures (given prices have mostly gone up) SO ACTUAL market capitalisations are much higher than reported in many instance
You must look at the 3B statements to make sure you include all shares and options in market capitalization
What you will find is actual market cAps are much higher than what is in the commsec or similar systems
This means many names have a much higher market cap than the business model or progress would suggest is appropriate
Don’t hate on this article or Max for pointing it out / I have been with CPH from 25 cents but they are serial issuers and each issue dilutes your ownership and value / many actually appear to be very generous to people close to company / YOU HAVE EVERY RIGHT TO QUESTIOM THEM and absolutely to be monitoring closely
Other names like THC as an example of MXC have lost of lines of stock in their 3B statements
Have a look at class leaders AC8, CAN and MDC. ..... very clean structures and tight registeries THIS MATTERS
CPH Price at posting:
96.0¢ Sentiment: Hold Disclosure: Held
