number of shares issued not a big deal

new thread on this subject

""there are about 650 million out there now....""

still with the above SBL has a market cap of approx $26mm.

i have NO doubt Messers Wood & Flaval will vend in assets far and above the current market cap.

take this as an example in which Wood & Flavel are directors.

Black Range Minerals Limited (BLR)

current price 27 cents

approx 633mm shares

market cap $170mm.

now SBL's market cap $26mm compared with the above is tiny.

also another Ascent re-listed DYL

just over one billion shares, market cap $630mm (compare with SBL's $26mm)

another WMT

500mm shares, market cap $197mm (compared with SBL's $26mm).

regards