AEB 0.00% 0.9¢ affinity energy and health limited

I can imagine a lot of things but the thing you must remember...

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  1. 5,445 Posts.
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    I can imagine a lot of things but the thing you must remember that is different from when it touched highs years ago is the number of shares on issue and how long it stayed there until misinformation was discovered  and results didn't meet any of expectations


    eg  No I haven't gone and checked old shares on issue.

    50 million shares     at 60c   is 30 million bucks market cap

    1 billion shares on issue - and they keep handing em out like confetti and options and performance shares , convertible notes etc  at 1.4 cent currently is 12 million bucks market cap but if it went to 30 cents  is 300,000,000  yep 300 million bucks market cap - think that would trigger a whole lot more shares plus ones issued to other companies and think about other companies that size and income they require for the market to value them and also quality of management to run a proper business.


    This mass of shares is a handbrake on price progression .


    A dream is probably closer to the mark as market and financial mechanics bar this happening unless there is a massive discovery or sales etc  and then you have to weight up how much of it shareholders could get before it hived off to another vehicle or expended etc etc.  


    All these partnerships seem to happen with other companies without the ability to / finances to proceed to be a business unless their strategy is to partner with everyone possible in some manner and hope they fluke a winner - sort of like betting on the whole field in a horse race and hoping odds make it pay - ie beat the bookmaker- how often does that happen.


     if they are even on a road I forsee it will have lots of bumps  if history is a record .






 
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