HE8 0.00% 1.2¢ helios energy ltd

Excellent write up. But... According to this article:...

  1. 11 Posts.
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    Excellent write up. But...

    According to this article:


    https://www.fool.com.au/2014/02/07/aurora-oil-gas-limited-soars-55-on-takeover-offer/

    $1.84 market cap divided by $4.10 per share offer equates to outstanding shares of 448,780,487 million and some change at the time of Aurora's buyout. This, provided that the article is correct, is all I could dig up. So if the author is gonna make comparisons, well, I believe total shares outstanding needs to be accounted for.

    HE8 currently sits at almost a billion and a half shares outstanding.

    Not trying to be a debbie downer here, and as this is the first pennystock I've ever owned, I don't know quite what to expect. I'd love to see this thing fly and I'm here for the long haul... but the math....

    Once again, just ramblings.
 
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