AVQ 0.00% 2.5¢ axiom mining limited

Jazzmox, Most people here, like you, understand the correlation...

  1. 291 Posts.
    Jazzmox,

    Most people here, like you, understand the correlation between market cap, amount of shares and share price.
    I don't know if this comes as a surprise to you, but AVQ isn't the only company with 3+ billion shares on offer. For example, SDL is one of those candidates as well. Look at what their market cap is. Not really much happening over there either. 4-5 years until they produce anything. They were a take over target (unfortunately it didn't go through) at 46 cents per share; and that was with 3 billion shares on offer. So, I wouldn't be too hung up on "3 billion shares". MBN recently went out of long trading halt. The share price went nuts and touched 44 cents (a market cap of ~$450 million. Did it make sense? Probably not; that's why the share price is back down to 10-12 cents. Who knows what can happen if we win?! One thing we can probably say for sure; the share price should will likely be higher than 1.8 cents ;-).
 
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