HI all, was doing some research on Kodal minerals (KOD) and was looking at the timescale to production, size of resource, sp and market cap etc and was blown away by the following .
0.00 (0.00%)0.15Open0.15P/E-Vol4.51 MHigh0.1552wk High0.29Avg Vol45.99 MLow0.1552wk Low0.12Mkt Cap1.13 BNow what struck me was MKT CAP of 1.13 B, thats B as in billions and Price is in GBX thats British Pounds. I thought it was a miss print. SO I dug deeper, there are 7,678,328,977 ordinary shares on issue according to Kodals own web site. The closing price was 0.1475 british pence. SO doing the maths means 1.13 billion is correct. I thought their market cap was some where around the $200m mark as indicated by their last company presentation but it appears I was wrong.
Now I recommend that every BGS share holder visit Kodals web site and compare BGS fundamentals to Kodals , you are going to be very pleasantly surprised.
All imo and DYOR
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