Yep, close enough to it.
27 November 2017 there were 284,162,133 shares outstanding.
As at yesterday, 30 November 2018, there are 417,305,879 shares outstanding.
47% increase, so if you previously owned, say 100,000 shares, you had 0.035% of the company. Now you have 0.024%. Drop of about 31%.
This is why it is important when considering any future price targets based on the company reaching production, that you consider how many extra shares will need to be issued to get it there.
If you are basing your price expectations of how many shares are currently outstanding........you're going to have a rude shock.....
Cheers
Yep, close enough to it. 27 November 2017 there were 284,162,133...
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$1.40 |
Change
0.055(4.10%) |
Mkt cap ! $3.115B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $1.40 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 199327 | 9 |
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