"If Rox had 1 B shares the SP would be 11.3 centsThe market cap or value of the co would be the same.The MC is $114 mIts the MC that is important not the no of shares that make up the MCIs Rox worth $114m?If no then don't buy in.Up to you"
... you really haven't been trading long have you ...
... from a punters interest the more shares on issue the more your existing position is diluted and the harder it maybe for a share-price to move higher ...
... if Rox had had 2 billion on issue when pushing up from 0.010 .... probably would have only touched 0.040 [not hit 0.090 or 0.080] ..... it gets harder for the share-price to move higher .... but the MC technically is the same .... and Rox are not BHP or FMG ...
... To make it 'clown friendly' @ so your Rocket gets smaller every-time more shares are issued, but the rocket maybe worth the same [not for long], just gives you less performance ....
-
- There are more pages in this discussion • 3,490 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $238.9M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.8¢ | 32.0¢ | $515.0K | 1.573M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64463 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 63565 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| RXL (ASX) Chart |