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50.0¢ 92 energy limited

Oh wops someone forgot to turn on their sarcasm detector this...

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Darren1111

745 Posts.

294

17/09/21

06:46

Post #: 56134347
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Originally posted by twd314: ↑

Those companies have billions of shares on issue.
Thier market caps are much larger.

Marketcap/soi=stock price..
Marketcap is defined by what investors/market values a company. I would be looking at this before stock price. Please go do some research on how stocks work.

92e has a very low market cap and low shares on issue. If thier exploration is successful the marketcap will increase till its true value is found. This means 92e's marketcap could x4 to come inline with some of the other more advanced uranium exploration companies out there. That would make a stock price of about $3.20 with a marketcap expectation of 200mill ish.

This is high risk/reward.

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Oh wops someone forgot to turn on their sarcasm detector this morning.

Life must be so confusing to you sometimes lol.

92E Price at posting: 80.5¢ Sentiment: Buy Disclosure: Held
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