Exactly, # of shares is completely irrelevant, it's all about...

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marty386

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07/08/15

10:57

Post #: 15767522
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Originally posted by dargie ↑

The numbers of morons who post on HC saying "oh there are too many shares on issue" is really borderline incompetence in investing terms.

The value of any listed entity is simply the number of shares x share price.

If a company has 4.5B shares x .001, then its value is $4.5M

If an identical company has 4.5M shares on issue at $1 per share, the value is also $4.5M.

You cannot possibly tell me that the company with the lesser amount of shares is a better prospect when both have the same ultimate value. That is just straight ignorance.

Really, we need a TOU for ignorance on this front.

Please focus on the overall value of the company and what they have to offer in terms of a business etc (as some of the other posters are attempting to do). That certainly sounds like an interesting concept they have here and it is readily scale-able if the product proves to be a winner. Market is a little slow to catch on to this one yet, but it is early days.

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Exactly, # of shares is completely irrelevant, it's all about MC.
This will run hard when it's good and ready

KSO Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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Exactly, # of shares is completely irrelevant, it's all about...

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