I may be naive but I've never understood this. If a company has an asset worth $100M for example, it's still going to be worth $100M regardless of whether there are 10 or 10000 SOI.
Say you buy the company when it is worth $20M and it five bags to $100M.
Scenario A - 10 SOI: you have $2M to spend on shares, this gets you 1 share. Company 5 bags to $100M so your investment is now worth $10M.
Scenario B - 10,000 SOI: you have $2M to spend on shares, this gets you 1,000 shares. Company 5 bags to $100M so your investment is now worth $10M.
Would really appreciate it if someone could explain why soi are seen as a massive inhibitor to SP increase. I often see people throw around "too many soi" on HC with no explanation.
Thanks!
5c to $5, page-3
Add CTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
-0.030(6.45%) |
Mkt cap ! $215.8M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 42.5¢ | $257.1K | 581.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99994 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
43.0¢ |
Change
-0.030 ( 8.35 %) |
||||
| Open | High | Low | Volume | ||
| 46.5¢ | 46.5¢ | 43.0¢ | 95176 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| CTM (ASX) Chart |