Guys, I cut and pasted the following Data From the Corporate Information Web Site. Can someone explain to me why we are sitting in the 4c range and not above 20c going by the formula of shares outstanding divided by Market cap?
Avexa Ltd Key Data:
Currency: Australian Dollars Market Cap: 33,907,551
Fiscal Yr Ends: June Shares Outstanding: 847,688,779
Share Type: ORDINARY Closely Held Shares: 2,334,198
AVX Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held