If we count all options as fully paid shares--ie 300 million, and we add this to 1,200 million shares, we would have about 1,500 million shares and options.
And if we take the current rising market price at 5.5 cents to multiply the MV we seem to have a market capitalisation of about $85 million. [could someone please check this number]--I have been using figures from the last quarterly report. If it is incorrect I must try again.
If the above $85 million is correct, this is a VERY SMALL market cap for a petroleum exploration company with so many opportunities offerig to its shareholders. Just compare with oversea companies. Conix
market valuation of shares and options--roughl
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5.1¢ |
Change
-0.001(1.92%) |
Mkt cap ! $37.74M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.1¢ | $21.21K | 413.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 914693 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 109110 | 3 |
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