First it means you divide 3.9 billion shares they had by 50 and get about 80 million shares they then have on issue. Then divide your amount by 50 and that what you own.This is okay if it holds it price of 50 times its present share price, you have not lost any but can’t see it holding. When they continue to capital raises that 80 mill begins to again increase in number and down goes that share price. All comes down to who and what they have to fund that new mine and customers who are going to step in. If returns are good and soon still a good value but would not hold breath, more likely many years off.
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18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $18.93M |
Open | High | Low | Value | Volume |
18.5¢ | 19.5¢ | 18.5¢ | $3.23K | 16.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14442 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14442 | 0.185 |
3 | 90880 | 0.180 |
1 | 1200 | 0.175 |
3 | 56500 | 0.170 |
1 | 20000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 12000 | 1 |
0.195 | 35917 | 1 |
0.200 | 3120 | 1 |
0.210 | 15000 | 1 |
0.220 | 3773 | 1 |
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