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
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $30.72M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.4¢ | $38.97K | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 433358 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1583452 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 400025 | 0.024 |
1 | 415000 | 0.023 |
6 | 1028227 | 0.022 |
7 | 882582 | 0.021 |
8 | 1102392 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1583452 | 1 |
0.027 | 39960 | 1 |
0.028 | 806000 | 1 |
0.029 | 134447 | 2 |
0.030 | 314402 | 2 |
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