RVR 0.00% 7.3¢ red river resources limited

I'm really not sure why a market cap would have any bearing on...

  1. 2,214 Posts.
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    I'm really not sure why a market cap would have any bearing on whether or not a company has the ability to exploit future projects. Unless I am mistaken isn't market cap calculated by number of shares on issue x share price? Does it not disregard cash on hand and/or credit available?
    Perhaps the lack of news could be something to do with a well earned break over the Christmas/New Years period. The last quarterly will be out by the end of the month, that will paint a much clearer picture.
    Last edited by nickbou: 14/01/20
 
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Currently unlisted public company.

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