HXG 8.70% 2.1¢ hexagon energy materials limited

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  1. 172 Posts.
    lightbulb Created with Sketch. 9
    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
-0.002(8.70%)
Mkt cap ! $11.79M
Open High Low Value Volume
2.3¢ 2.3¢ 2.1¢ $1.912K 83.41K

Buyers (Bids)

No. Vol. Price($)
5 456427 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 50568 1
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Last trade - 11.44am 28/11/2024 (20 minute delay) ?
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