“Currently, the company has 436,859,655 issued shares valued at $0.115 each, resulting in a market capitalization of $50,238,860.33. If 76,268,355 new shares are added at the same value, the new market capitalization would be $59,009,721.15.”
that’s not how it works. Put simply, right now and in an imperfect system the market cap includes the 76mil shares. you’re effectively adding the newly issued shares in twice.
Ann: Trading Halt, page-100
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Last
7.2¢ |
Change
-0.002(2.70%) |
Mkt cap ! $42.84M | |||
| Open | High | Low | Value | Volume |
| 7.3¢ | 7.4¢ | 7.2¢ | $107.2K | 1.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 529176 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 100000 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |