“Currently, the company has 436,859,655 issued shares valued at $0.115 each, resulting in a market capitalization of $50,238,860.33. If 76,268,355 new shares are added at the same value, the new market capitalization would be $59,009,721.15.”
that’s not how it works. Put simply, right now and in an imperfect system the market cap includes the 76mil shares. you’re effectively adding the newly issued shares in twice.
“Currently, the company has 436,859,655 issued shares valued at...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $57.00M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $113.3K | 989.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 787780 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 301010 | 5 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |