The share price is not the value of the company, the market cap is.
The market cap = Shares on issue x Share price
$6 share price with 10,000 shares on issue is exactly the same as $0.04c share price with 1,500,000 shares on issue....
So, the market cap has been increased by 14x, but your shares have been diluted by 18x
- Forums
- ASX - By Stock
- GMV
- NASDAQ: GMVD
NASDAQ: GMVD, page-24
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online