Sorry in advance for my inexperience as I am new to the market in the last 6 months but feel like I am making headway and HC has been a large part of that. From my understanding MC is the number of shares on issue x share price? feel free to correct me as I am presuming I am wrong.
AVQ has about 2.6 billion shares on issue and at a price of say 40c to round it up that will leave a MC of $1 billion however our current cap is closer to the $100 million mark.
Could someone help explain the difference? Look forward to holding AVQ as of tomorrow and the results of the appeal.
Market Cap
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