1c per share valuation
in response to your question neil 79
the fully diluted capital is about 700m shares, and at 1c per share, that would capitalize the company at $7m
the company has about $2m in cash, and some ordinary moose pasture. a listed company should be worth a few dollars, for no other reason than it is listed. the company only has a bit of moose pasture, that would not make the grade as an ipo.
at december 31, the market cap of gda was about $4m (or maybe $5m), and the only difference between then and now, is that the company has raised a few dollars. in a broader sense, the overall market sentiment has fallen, yet gda now have a maket cap of about $17m
this stock will be far less of a dog, when the shares get to 1c, which is far closer to fair value (but even then, probably overpriced)
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Last
26.5¢ |
Change
-0.020(7.02%) |
Mkt cap ! $35.01M |
Open | High | Low | Value | Volume |
27.5¢ | 28.0¢ | 26.5¢ | $21.31K | 78.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17390 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17390 | 0.260 |
1 | 25000 | 0.255 |
1 | 12223 | 0.250 |
1 | 3660 | 0.245 |
1 | 3829 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 14376 | 1 |
0.295 | 10000 | 1 |
0.300 | 8751 | 2 |
0.310 | 2000 | 1 |
0.325 | 2888 | 1 |
Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
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