Every pip is 682.3k in market cap.
@0.005 its $3,411,500
@0.006 its $4,093,800
@0.007 its $4,776,100
@0.008 its $5,458,400
Remember that only just 2 years ago MC stood at $66 million (was 17.5c high then). That's an equivalent of 9.7c per share now.
Clearly fair value for this stock is somewhere between 1c and 5c IMO.
Ann: Tanga Completes Successful Placement, page-19
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