SSN 0.00% 1.5¢ samson oil & gas limited

ssn on buysellsignals.com, page-4

  1. 3,643 Posts.
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    yes there is some duplication going on here. Maybe just a simple misunderstanding about shares vs ADRs.

    Ultimatelty the market cap is the total of all shares on the register of members here in AU multiplied by the current market price. As this includes all of the shares held by nominees on behalf of ADR holders, it is the entire combined market cap. If you calulate the value of ADRs and add it to the market cap you are effectively double counting.

    The market cap is approx A$379mil today. The A$1bil market cap is still a couple of weeks away !
 
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