Posted a few stats exactly 2 weeks ago on market caps of some of the MM companies and what their price would be equivalent to MXC's price. Interesting to see the changes in 2 weeks...thoughts welcome
Market Caps:
October 31st
MXC - $81.36m
MMJ - $72.42m
AC8 - $115.3m
CPH - $48.99m
ZLD - $55.1m
THC - $41.79m
CAN - $205.3
November 14th
MXC - $94.53m
MMJ - $93.41m
AC8 - $217.0m
CPH - $63.03m
ZLD - $59.63m
THC - $46.36m
CAN - $282.8m
In order to get a true share price reflection in comparison to the other companies you would have to divide the market cap of the other company with that of MXCs and then multiply it by MXCs share price (Eg. MMJ 72.42/81.36x6.8 = 6.05 cents).
This is what I found (Lowest to highest comparing with MXC):
October 31st
THC - 0.0349 cents
CPH - 0.0409 cents
ZLD - 0.0460 cents
MMJ - 0.0605 cents
MXC - 0.0680 cents
AC8 - 0.0963 cents
CAN - 0.1715 cents
November 14th
THC - 0.036 cents
ZLD - 0.046 cents
CPH - 0.049 cents
MMJ - 0.073 cents
MXC - 0.074 cents
AC8 - 0.17 cents
CAN - 0.22 cents
Posted a few stats exactly 2 weeks ago on market caps of some of...
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