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Hi allJust been doing the sumsOur "peer" recently hit 43c and...

  1. davidhighley
    526 Posts.
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    27/05/11
    11:36
    Post #: 8460350
    Hi all

    Just been doing the sums

    Our "peer" recently hit 43c and have nearly 1 billion shares issued.... which = market cap over $420m

    If we go close to this MC considering the quality of our product...our sp at MC of $420m

    Ready for it ....... sp 74c

    Even if we dilute by another 100m over the coming months we are still looking at possibly sp 63c

    cheers
    VLA Price at posting: $1.00 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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