l300, yes we are a $400m company, the fact that we are trading at 20c is simple a mathematical result of having 2b shares held by shareholders.
If we had only 1 share, that share would be worth $400,000,000 and if we had 5b shares they'd be worth 8c
We have a world quality asset in a very uncertain and unstable economic environment, more shares will be issued and more shares will be traded.
When Rick Rule bought in he believed there was a 40% chance that this could 10x, if it does and no more shares are issued then we have $4b company, 2b shares and a share price of $2
Can that happen - Well that's why I'm here
l300, yes we are a $400m company, the fact that we are trading...
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $288.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.8¢ | $423.4K | 3.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 1616524 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 1154553 | 11 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MEI (ASX) Chart |