"So every explorer with no production must have a mcap of 0?
Funny discussions here..."
That is totally different to fundamentals isn't it?
My limited knowledge of fundamentals, in a nutshell is... income v.s. expenditure, divided by shares issued
Market Cap is shares on issue times current share price.
Therefore if a company has poor fundamentals (negative return) but the share price is artificially high...the market cap still looks good?
Investors versus gamblers if you like.
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