Cheers
"- I don't consider a 25% increase to market cap with no increase in share-price a good jump
I don't either but like it or not the MC is 25% higher at 8c after the CR than it was before and the Company is valued on its MC..
"- To me your post implied we've had a correction from a sudden spike from 5c - 9.5c and that isn't the case."
The implications was that at 9.5c with 5.5 billion shares on issue ( and thats what we will have) our MC was $522 mil which was actually 45% higher than the $360 mil it was when we had 4.5 Bil shares at 8c which is a very big spike in MC .
My original post was directed the MC and of course that is one of the realities of dilution...
Cheers Whisky
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Cheers "- I don't consider a 25% increase to market cap with no...
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |