ZLD 0.00% 63.0¢ zelira therapeutics limited

I see the spreadsheet with the Mcap's of MM stocks has been...

  1. 394 Posts.
    I see the spreadsheet with the Mcap's of MM stocks has been removed for another reason, but I suspect the Mcap's were wrong also.

    @Trade67 You have the Mcap for ZLD wrong @$31mil. As per last 3B or ZLD investor presentation shares on issue were as follows:

    Unrestricted 322,627,649
    Shares(escrowed 12 months) 122,125,156
    Shares (escrowed 24 months) 224,374,844
    Total 669,127,649

    ZLD had a Mcap of $21mil @ 3.1c, and sp has more than tripled since then. With sp @ 9.8c x 670mil shares on issue ZLD Mcap is somewhere in the order of $65,600,000. Now there is a CR, shares on issue is about to increase. With more shares to be issued, if sp does increase above 10c+ as some here are espousing, the Mcap could be $100mil after CR.

    ZLD would need to start announcing some incoming revenue streams to justify that sort of Mcap IMO.
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