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re: pick me a mining davnet 8cents to $6.00 In my view, when...

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    re: pick me a mining davnet 8cents to $6.00 In my view, when looking for a company with a small number of shares on issue, you must add to the equation, the following:
    1.
    quoted shares on issue;
    2.
    restricted /escrowed shares (not quoted, and not included in the "quoted shares on issue"; and
    3.
    options on issue (listed and unlisted) - and making an intelligent guess as to how likely they are to convert.

    A number of companies have <100M shares on issue, but typically, this excludes the restricted shares and the options.

    Once these are added to the equation, one gets a better idea of where the prospective, fully diluted position of any particular company lies.
 
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