Teslas share price has gone from $19 - $935 an almost 50x increase.
If another competitor comes along and its share price goes from $0.01 and $1 Million market cap to $0.50 and $50 million market cap does mean that the competitor has had its run and its all over?
Share prices and % increases mean jack, what matters is the market cap or value of the company.
Ann: Amendment to Assay Results Kaninko Project, page-465
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $423.1M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $357.1K | 1.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 5000 | 1 |
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