DMN 0.00% 0.1¢ datamotion asia pacific limited

Your arguement is flawed Sircorp. DMN has 3,690,022,710 shares....

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    Your arguement is flawed Sircorp.

    DMN has 3,690,022,710 shares.

    At 0.3 cents, the market is $11,070,068
    At 0.4 cents, the market is $14,760,091
    At 0.5 cents, the market is $18,450,114
    At 0.6 cents, the market is $22,140,136
    At 0.7 cents, the market is $25,830,159
    At 0.8 cents, the market is $29,520,182

    So at drilling, a market cap of $30m is not unreasonable.

    As for the 3,551,644,439 options, their cash conversion value is $23,410,194. This means the options to not factor into the valuation until the DMN share price reaches 0.6 cents

    At 0.7 cents, including the options, less their cash value, the fully diluted market cap on 7,254,167,149
    shares & option will be $27,368,976.

    So a reasonable share price target at drilling is 0.7 cents or a market cap of $27m

    THEREFORE, DMN is not overpriced at the moment

    It is money market and we need to use our brain some times and not emotions.

    Regards









 
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