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clock Created with Sketch. 25/02/15
22:15
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Originally posted by investomania
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Calculating all the shares on the sell side = 442,897 and based on the prices they are asking, the max you can purchase on market is approx $45k worth. If you purchased all the shares on offer you would have an average price of just above 10c and this would bring the share price up to 17c. So if you wanted to purchase more, you would have to start the buying process again from the 17c mark and surely be met with low liquidity once more. In reality, if someone starting buying up some more sellers would appear so it wont be as straight forward but it would be something like this.
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Whilst the ultimate valuation is at the discretion of the analyst, there is open dialogue with company in terms of revenue, expenses and other assumptions for the products. Agree the liquidity cuts both ways and we just await a catalyst.
