Comsec is showing current market cap for GPN @ 1.1 cents last sale price is $12Million, across 1,160 million shares ..... it doesnt seems to take into account the 389 million (2011) 2 cent oppies out there, which may or may not ever get exercised - who knows ?
Nor does it take into account the approx 750 million (2012) 0.03 of a cent oppies soon to be issued, which I would assume WILL be converted to shares one day.
Its reasonable to assume GPN will have something like 1,800 million shares (maybe a bit more) one day, which at todays price gives about $20 Million MC.
So the question - does a market Cap of between $12M-$20M (depending on how you want to calculate it) seem high or low ?
For what GPN are about to get into (what is it ? ... I/O and U at Mt Padbury??), my impression is that it is NOT a high MC, and that the SP has legs on it if drilling turns up good IO and/or U grades ?
- Forums
- ASX - By Stock
- GPN
- current market capitalisation
GPN
greater pacific gold limited
current market capitalisation
-
- There are more pages in this discussion • 8 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 GPN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online