Simple question really.......is this company worth 4 times (25c) what it currently is now (6c)?
Will it's revenue and assets prove this?
Will it's share holders believe this and automatically start trading at the new share price?
I don't understand how the share price of a company is simply determined by what holders are agreeing to pay, rather than the value of assets and the income stream.......classic example is mining exploration companies that have $70 million worth of machinery sitting in storage ready to go, and the biggest gold deposit in the world......and yet their market cap that is currently determined by holders is only $26.3 million....how is that so?
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $2.357M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $1.627K | 406.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3206433 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 1042585 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3206433 | 0.003 |
5 | 2635003 | 0.002 |
9 | 6802098 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 1022585 | 4 |
0.005 | 3415000 | 3 |
0.007 | 1457000 | 2 |
0.009 | 30000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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SKN (ASX) Chart |