Share price is only a rough and often unreliable guide to the success and growth prospects of a company. The whole point of buying shares is that markets are inefficient and some shares are underpriced, duh.....
Microcaps in particular are generally wildly mispriced, due to lack of public information, lack of public awareness of the company, incorrect assessments of the risk profile of the business, manipulation of the price by large players etc.
Hence the reason for investing in them, buy low sell high
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