Market capitalisation is one of many ways of evaluating to invest or not to invest.
There seems to be a strong possibility that Lepidico will get finance in the near future.
Valuation of the total finance is around $300 million.
Market capitalisation of Lepidico won't stay under $100 million.
My guess is $350 million market capitalisation.
This would mean around five cents a share.
lpdo are trading at .002 with a conversion price of three cents. There looks like a huge up side of 1000% possibility.
Risk to Reward with very small outlay.
Not to be taken as trading advice.
Market Capitalisation is a Better Target Than Share Price, page-101
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Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $7.37K | 2.491M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 220318073 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 68601736 | 28 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 3023696 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| LPD (ASX) Chart |