verticalbrit i highly doubt you will get that opportunity to buy sub 10c.
if WMT were to go sub 10c, say 9.5c
this would give it an undiluted market cap of 58.71million dollars (618million issued cap * 0.095). now considering WMT currently has 36million dollars in the bank this would result in WMT having a market prescribed value for the business (tenements) at
wait a minute... a whole 58.71 less 36 million dollars... thats 22.71 million.
so what your implying is that all of WMT's 5 projects, with the potentially huge tanzanian tenements is only worth 22.71 million.
Are you serious? If WMT ever gets to 10c i would be willing to sell a bond on my entire future earnings to buy up every WMT share i could get my hands on at that price.
food for thought anyway
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