What others are trying to say is simply this:
When you look at a company you need to know what it it is worth. This is Mcap (SOI x current price). In this case $91.77M
SOI = shares on issue
What is the resource worth? Say $500M ( I am guessing and have no idea).
In VERY simple terms the shares have potential to go up around 5 times.
In this illustration, do we care whther the SOI is big or small? We use the current SOI and arrive at valuation!
So, in summary if someone mentions a stock and anyone asks what the share price is, ignore the idiot.
If someone asks what is the Mcap or current valuation, keep paying attention, while you uncover more details.
- Forums
- ASX - By Stock
- MEI
- shares numbers issued
shares numbers issued, page-11
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEI (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $199.0M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.0¢ | $456.0K | 4.299M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
58 | 3005100 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 497873 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
58 | 3005100 | 0.100 |
3 | 71339 | 0.099 |
2 | 128268 | 0.098 |
5 | 169135 | 0.097 |
2 | 86228 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 497873 | 6 |
0.110 | 2366019 | 18 |
0.115 | 952316 | 8 |
0.120 | 1402121 | 7 |
0.125 | 232116 | 5 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
MEI (ASX) Chart |