CXY cougar energy limited

help, page-3

  1. 4,892 Posts.
    MVL01,

    I'm not talking shares on issue i'm talking market cap.
    Yes CXY has 919,127,810 shares on issue and CNX has 592,497,650 shares on issue. At today's closing share price with CXY at 12 cents and CNX at 50.5 cents there is a difference of around $200 million in market cap between the two.
    (this does not account for any oppies that both may have). If CXY had just the same market cap as CNX they be trading at 34 cents right now. That is a 22 cent difference.
    So what i'm asking is that can anybody tell me the reason for the large discrepencies in market cap between the two.
    Like I stated previously I would have thought that CXY was closer to becoming fully commercial than it's conterpart CNX.
    Help atleast 22 cents upside could be for grabs.
 
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