What others are trying to say is simply this:
When you look at a company you need to know what it it is worth. This is Mcap (SOI x current price). In this case $91.77M
SOI = shares on issue
What is the resource worth? Say $500M ( I am guessing and have no idea).
In VERY simple terms the shares have potential to go up around 5 times.
In this illustration, do we care whther the SOI is big or small? We use the current SOI and arrive at valuation!
So, in summary if someone mentions a stock and anyone asks what the share price is, ignore the idiot.
If someone asks what is the Mcap or current valuation, keep paying attention, while you uncover more details.
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Last
9.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $213.0M |
Open | High | Low | Value | Volume |
9.4¢ | 9.7¢ | 9.2¢ | $361.8K | 3.833M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14853 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 172380 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14853 | 0.092 |
1 | 50000 | 0.091 |
6 | 215945 | 0.090 |
1 | 11240 | 0.089 |
3 | 62500 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 172380 | 1 |
0.096 | 69577 | 2 |
0.097 | 10000 | 1 |
0.098 | 10204 | 1 |
0.099 | 60000 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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