AVQ 0.00% 2.5¢ axiom mining limited

Ann: Trading Halt-AVQ.AX, page-320

  1. 8,619 Posts.
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    "5 years ago well before any Consolidation it was 8.5 cents with 1 bl share,s at the same Ration today that would be $1.2"

    Good point but your math is way off.

    Back then at 10 cents it had a market cap of almost $100 million.

    Now it has a market cap of almost $100 million at a equivalent share price of about 1.8 cents

    So you see, back then 10 cents and now 1.8 cents is the same and the company has gone nowhere

    That is RM's legacy in a nutshell! That is what endless dilution does
    Last edited by jazzmox: 02/08/16
 
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