That really doesn't matter.
It only affects the MC not how much money you make.
For example ply listed at 40c i think from memory so even when it was at 1.30 which it was you only tripled your money.
ICI at this SP which is 8c goes to 30c you 4 times.
The only thing that changes is the MC.
For example PLY at $2 might have an MC at 1billion while ICI at 50c to $1 might have an MC of 1b.
In terms of making money you still would 5 to 10 times on both stocks.
So yes the float is important for the MC but in terms of making money it is not.
PLY will have a higher SP but both companies will have about the same MC. In terms of making money If you hold ici at 8c and it moves 50c to $1 you 5 to 10 times. If you hold ply and it moves $2 you 5 to 10 times.
In terms of making it is all the same.
In terms of the MC it is all the same.
Means nothing company direction means everything.
All in my opinion
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.89M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 10773 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9390 | 0.021 |
3 | 229364 | 0.020 |
4 | 234998 | 0.018 |
4 | 885294 | 0.017 |
4 | 1308000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 10773 | 2 |
0.021 | 62623 | 1 |
0.024 | 228188 | 1 |
0.025 | 549999 | 2 |
0.027 | 61209 | 1 |
Last trade - 09.06am 19/08/2024 (20 minute delay) ? |
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