If we use the market cap of $498.55million and share price of $0.505 listed here on Hot Copper then we get:
$498,550,000/$0.505 = 987,227,722 shares on issue
Using that number in our previous calcs:
$800,000,000 ownership value / 987,227,722 = $0.81 per share
This might be where the ~80c estimates were coming from. But are the Hot Copper numbers for market cap and share price in sync?
If we use the market cap of $498.55million and share price of...
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Mkt cap ! $498.5M | |||
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