WFE
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0.00% 2.4¢ winmar resources limited

AGM today - anyone out there?, page-189

  1. MrPedrick
    178 Posts.
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    06/12/18
    12:40
    Post #: 36770805
    sorry for the late input I've been away


    It's all relative wlauy1,


    1000000 shares @ 2.4c =$24000

    or

    100000 shares @ 24c= $24000

    what you have to look at is the market capital ( this is a simplified explanation) 10 millions worth


    if the company value goes 10 folds to100 millions worth


    it would then be


    1000000 shares @ 24c =$240000

    or

    100000 shares @ $2.4= $240000

    WFE Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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