I am not asking anything, I just need you to ask yourself those question:
Ok, I will put it very simply here for you and others
FIN101
the reason why the proportion is important is:
If the company is valued at 200 millions, you could have:
1)200 million market cap = 200 millions shares @ 1 dollar / HXG holds 1% of BMR worth $2,000,000
or could be
2)200 million market cap = 400 millions shares @ 0.50 cents / HXG holds 0.5% of BMR worth $1,000,000
or could be
3)200 million market cap = 800 million shares @ 0.25 cents / HXG holds 0.25% of BMR worth $500,000
or could even be
4)200 million market cap = 100 million shares @ 2 dols / HXG holds 2% of BMR worth $4,000,000
and so on and so on
Sorry if that is no news to you but unsure how financially educated people are in there when I read all those questions
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 126427 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 213000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.024 |
2 | 386221 | 0.023 |
2 | 147000 | 0.022 |
5 | 1217500 | 0.020 |
2 | 54368 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 498695 | 1 |
0.026 | 289259 | 4 |
0.027 | 396549 | 3 |
0.028 | 281127 | 2 |
0.029 | 50000 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
HXG (ASX) Chart |
Day chart unavailable