Since we all love FZO share price, I thought it would be only sensible to compare FZO results to TNT results.
Here we go...
TNT:
$1,835,000 quarterly receipt
Market cap = $4m.
$1.6m cash in the bank
Estimated outflow of $1,842,000 next quarter.
Share price = 7.5c per share
FZO
$324,000 quarterly receipt
Market cap = $60m
$7.7m cash in the bank
Estimated outflow of $3,740,000 next quarter.
Share price = 59c per share
Difference:
TNT quarterly receipt is 566% greater than FZO
TNT market cap (some how???) is 6.66% of FZO's market cap.
TNT has 20.77% of cash size compare to FZO (No problem - solution below)
TNT outflow is 50% less than FZO outflow
TNT share price is 87% lower than FZO
Can someone give TNT $6m in cash so the share price can go to 60c or let's do a capital raising at 7.5c for $6m and just put that in some high yield dividend blue chip stocks???
Can someone explain to me how the market cap is calculated? How is FZO market cap somehow 15x bigger than TNT when their quarterly receipt is only 17% of TNT's quarterly receipt??????
Yours Sincerely
A very confused Long Term TNT Investor
TNT Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held