PSL 11.8% 1.9¢ paterson resources ltd

Ann: Board restructure and management changes, page-31

  1. 26,843 Posts.
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    Agree, stick to this thread.

    SOI is not a big issue..

    market cap cap is the main issue.

    psl MC is low.

    if you want to buy $40k worth of PSL, that is your purchase . It doesn't matter if it's 10 million shares or 1 million shares.

    you want $40 k worth of the total company value of say $10 million market cap.

    so you want to buy .04% of the company.

    consolidation does not change that equation.

    the only problem is companies that keep issuing too many shares and the dilution erodes the value.

    but PSL is a miner, so as they reveal more valuable commodity and its location and size, they are adding value and MC grows.

    hope that adds to the discussion.
    Last edited by Oscar09: 05/11/20
 
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