FFX 0.00% 20.0¢ firefinch limited

Kodal minerals V BGS

  1. 1,210 Posts.
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    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 .

    Kodal Minerals PLC



    0.15
    0.00 (0.00%)



    10:0012:002:003:300.1460.1500.154Vol
    0.1475
    Open
    0.15
    P/E
    -
    Vol
    4.51 M
    High
    0.15
    52wk High
    0.29
    Avg Vol
    45.99 M
    Low
    0.15
    52wk Low
    0.12
    Mkt Cap
    1.13 B

    See more on MSN · Data from Morningstar · Price in GBX · Market closed · Disclaimer

    Now 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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