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With due respect ... the number of shares on issue is irrelevant...

  1. 2,306 Posts.
    With due respect ... the number of shares on issue is irrelevant .... it is all about market capital.

    ......... The share price x the number of shares on offer ....

    ......... Some ' back of the beer coaster maths '.......

    ......... Sirius market cap is currently approx. $999 million ....

    SEG is currently 18 million

    Sirius is 55 x the market cap of SEG

    ......... If SEG ever achieves the size SIR ... the equivalent share price for SEG would be $ 0.60

    ... shares would be consolidated some time to lessen the number of shares on offer ... but with the same overall value as previously outlined on a previous thread on SEG .....
 
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