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0.2¢ vital metals limited

Ann: Vital Raises $45M to Complete Transition to REO Operations, page-42

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dan1

18,871 Posts.

30

01/08/22

19:18

Post #: 62862847
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Originally posted by RandomGuy01: ↑

If a company has 1,000,000 shares issued, and is worth $1 per share, the market cap is $1,000,000.

Let's say that you own 10,000 shares or $10,000. You expect it to go to $10 per share, for a profit of 90K ($100K total)

They consolidate at a 10:1 ratio. The company now has only 100,000 shares, you have 1,000, but each is now valued at $10 instead of $1. Still a 1M market cap. Nothing changed except the number of shares.

If the price went from $1 to $10 before consolidation, that'd put it at a market cap of 10M. A 1000% gain.

If it went to the same 10M market cap AFTER consolidation, it'd be going from $10 to $100 per share. A 1000% gain.

In both instances, the price has risen 10 fold and ended up at the same market cap. Nothing changes except the number of shares on issue.

Expand

and the different type of investor / fund manager radar looking at the company.

cuts out a lot of the day trading

save the company share registry costs

VML Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$2.834K	1.414M

Buyers (Bids)

No.	Vol.	Price($)
77	90751582	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	31914027	56

View Market Depth

No.	Vol.	Price($)
77	90751582	0.002
31	169562531	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	31914027	56
0.004	9590901	26
0.005	22180051	24
0.006	5967649	10
0.007	1257296	4

Last trade - 16.10pm 19/11/2024 (20 minute delay)

VML (ASX) Chart