NWT 0.00% 11.5¢ newsat limited

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  1. 2,645 Posts.
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    Hi Kav. Actually the SP is the measurement device because without it you can't measure market capitalisation.

    By definition market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

    So market cap can't even be calculated unless you have the current SP. If the SP doubles overnight so does the market cap.

    The SP will be driven by market sentiment not increases in outstanding shares, revenue figures, or assets acquired and while $4-$5 may well be on the horizon I see $2 as mid term but will happy to get over the $1 speed hump in the short term and I believe we will achieve this soon.
 
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