DW8 Growth, page-14447

the share price and the business have nothing to do with each other.

the share price is what someone purchasing a share is willing to pay based on their perseved value of the company.

share price/ market cap can be many times of intrinsic value of a business, above or below.

Market cap when we were at 19c was from memory approx 300m. Yet the business asset value wouldnt havent have been 5% of that, these days market cap is 50m and the assest value of the business is significantly more than when it was 300m.

Sp is a function of many things, but it doesnt mean that its correct in determining the true value of a business or what Mcap it should have.