I’m happy people make money that wasn’t the point of my post.
the market cap 6-12 ago months when trading at 0.003c was $1.5mill now as you say at 0.008c after the raise will be 16 mill.
the share price has 2.5 x yet the cap has 10x
another lens to look through is that when the shareprice hit 0.02c the other week it was comparable to the same market cap when the company was 28c…
I was not arguing the company performance. I was looking at the management of shareholders value, dilution and how shareholders might react now they see a profit for the first time in 3 years.
The market cap will increase but like you rightly pointed out there’s $4mill of options (30% of the company) outstanding. Not to mention 30% of the register being gifted new shares at 50% discount to Friday’s trade in the coming weeks
look at zane. Owned 20% of the company at 20c a share 5 yrs ago and now has 1.5% at 0.008c after the best sales in the company history.
see what happens. It just seems gravity defying to me. Im not losing sleep mate I hope it goes well for you. Looking forward to you buying the kava drink you promised.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.07M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $1.578K | 225.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 6828550 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 6645884 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 6828550 | 0.007 |
22 | 11127225 | 0.006 |
13 | 12012824 | 0.005 |
8 | 17886969 | 0.004 |
2 | 16300000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6645884 | 13 |
0.009 | 9940468 | 13 |
0.010 | 3822462 | 12 |
0.011 | 13082818 | 9 |
0.012 | 3752020 | 6 |
Last trade - 10.02am 07/08/2024 (20 minute delay) ? |
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