Why does it matter if share price is 6c vs 2c (or $100) if the market capital is the same?
MNM could have 1 share issued at $30mil cost, its the same as owning 30,000,000 shares @ $1.
Either way my holding is worth 30mil.
I'm inexperience, but seems like having high number of shares brings liquidity, but by same token less liquidity can bring higher prices if stock is in demand (and small number of owners are holding out)
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- bit of reading...between the lines
bit of reading...between the lines, page-21
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