ADE 0.00% 19.5¢ adelaide energy limited

so, cheap, page-27

  1. 138 Posts.
    Really dont understand the math you just did, or was there any math. Ill put it simply: Say you had 10k invested at ten cents purchase and sold for 20cents; so you doubled money to 20k. You now go buy beach with that money, which in effect halves your entry price into beach; say to 62 cents and not 1.22 (or 1.24 to make math work). Why are you telling me about market cap? You arent getting scrip here, no dilution, its cashhh. Of course beach has a higher market cap relative to this minnow. Am i missibg something basic here? Why arent you thinking of the price premium as cheap entry into something else, if not beach???
 
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