RVR 0.00% 7.3¢ red river resources limited

Good morning, the amount of shares does matter but why? I gave a...

  1. 276 Posts.
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    Good morning, the amount of shares does matter but why? I gave a reason why it's the market cap .FMG has 3B shares MC of 45.60B . " The Market" values rvr at $0.073 MC of 36.5M (undervalued in my opinion) but if it had 1 billion shares it's share price would be $0.0365 with a MC of 36.5M . I now own RVR shares do I want them to do a CP and issue more shares NO because that would devalue my shares that I already own. Have a nice weekend.
 
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Currently unlisted public company.

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