Without even looking at TEM, you only need to compare the market capitalisation
and shares on issue to see which one is leading the other.
1MC has a M/C of $92.42 million, shares on issue of 5.13 billion.
TEM has a M/C of $11.54 million, shares on issue of 397.90 million.
discotrader quote there is a reason it is cheap, (1MC)
no tenements and 5.13 billion shares.
That is my reason.
TEM, according to bobyyy1, holds Australian tenements and has 397 million shares.
So they are far and away ahead of 1MC.
DON'T ANY POSTERS TRY TO TELL ME THAT THE MARKET CAPITALISATION IS THE
REAL VALUE F A COMPANY.
M/C AND SHARES ON ISSUE ARE THE SAME THING
In theory, more shares outstanding bigger the M/C.
An example where it doesn't work, try reading up on ANW.
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