Yeah definitely, Invion has a way to go IMO before they are at Tookad level.
But one thing I was wondering, there are roughly 5billion shares on issue yet the Cho Group owns 70% of these and they are in escrow from what I’ve read. From my calculations there was roughly only 1.6billion shares not in escrow, and I’m sure a lot of shares are held tightly by directors.
Could we then essentially consider this a “49mil” market cap company for trading purposes?? (1.6biln x $0.03)
I know in reality it would be 169mil company based on current SP and total shares, but since there is only so much shares available it seems to be trading like a company with only a 49mil cap.
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