That's why market cap isn't a reliable valuation of a company, "Book Value" is what most people who know what they're talking about use to describe the value of a company. For the same reason Elon Musk really isn't the richest person in the world.
Ann: Repkon and Titomic Enter Joint Venture Agreement, page-24
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Mkt cap ! $197.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 18.0¢ | $865.5K | 4.451M |
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| No. | Vol. | Price($) |
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| 8 | 96567 | 20.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 128692 | 3 |
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