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@SalubriousOut of this list only 7 companies have a MCAP below...

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    @Salubrious

    Out of this list only 7 companies have a MCAP below $10 million. Normally having a large number of SOI isn't a problem as it is normally coupled with an increasing MCAP and expansion of the business from the debt-fuelled (debt paid by issuance of shares) business expansion. The successful implementation of a share-issued debt expansion is based on a profitable business model, with the extra cash being used predominantly to pay for the expansion (and not the overheads). Poor business models which have never made the company a net profit (such as EN1) should never take on share-issued debt to pay their overheads without ensuring that someone down the line they will be able to finally come up with a business that makes money.. this is the reason EN1 is one of the very few companies that have SOI of above 1.5 billion, but a decreasing share price and MCAP.
    Last edited by ASXspecialist: 11/09/20
 
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