i just wanted to re-iterate one fundamental point as there has...

  1. 1,418 Posts.
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    i just wanted to re-iterate one fundamental point as there has been a lot confusion regarding m/cap - shares on issue

    many keep saying that hot copper is wrong in their market cap figue top of screen but it is like this

    on the asx- thor has 220 million shares on issue +
    on the aim-thor has 700 million shares on issue -

    tberefore our current market would equal

    ASX- 3.8C X 220,000,000=$8.36 MILLION AUD
    AIM- 2.28p x 700,000,000=£15,000,000 or $23.05 MILLION AUD

    therefore total market cap would be approx-$31.41 M AUD

    - its wrong obviosuly to state that hot copper's figure is wrong as they would probably just times the share price by the outstanding shares on issue on the asx- i have clarfied this with thor correspondence by contact at [email protected] if anyone wants further clarification

    only thought id post this as over the past month ive seen different figures make the rounds on how many shares were on issue on our asx exchange - with clarification that there is only 220M outstanding shares on the asx- its no wonder why there was a real scrambe for shares this week- now just imagine the scramble on the release of a stellar dfs being released - game on -
 
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