PIL 11.1% 0.8¢ peppermint innovation limited

If I may, a very simple example:Two cashboxes list on the stock...

  1. 743 Posts.
    If I may, a very simple example:

    Two cashboxes list on the stock exchange.

    Company A raises $100 million, issues 100 million shares and lists on the stock exchange.

    Company B raises $100 million, issues 100 million shares and lists on the stock exchange.

    Both shares trade at $1.

    Company A quotes 100 million shares, Company B quotes 20 million shares and escrows the remaining 80 million shares for a year.

    Is it seriously being argued that Company B's market capitalisation is $20 million?

    For what use can this figure be a worthwhile valuation for future earnings or for a comparison to other companies?

    Is it seriously being argued that Company B should trade at $5 so the two companies have comparable valuations?

    Is it opposite day today on HotCopper?
 
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