So the market cap goes from 9 to 12 million, with the increase in shares. Just by issueing more shares & a company can get its market cap up, without selling anything. This could go on indefinitely because the share price can't fall anymore, as it'
s on the lowest price point on the market, even though the new shares were issued 20 percent below market price
Ann: CLASSIC MINERALS LIMITED ADOPTS GLOBAL STANDARD FOR ESG REPO, page-9
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