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Is this correct…?
Stock (a) with Total Shares on Issue of 100,000 million and a current Market Capitalisation of $5 million should reflect a current share price around 5ish cents
Stock (b) with Total Shares on Issue of 100,000 million and a current Market Capitalisation of $10 million should reflect a current share price around 10ish cents
Stock (C) with Total Shares on Issue of 50 million and a current Market Capitalisation of $5 million should reflect a current share price around 10ish cents
Stock (d) with Total Shares on Issue of 50 million and a current Market Capitalisation of $10 million should reflect a current share price around 20ish cents
Is this theory valid or am I on the wrong track with regards to total shares on issue, market cap. and average share price.
Stock (a) with Total Shares on Issue of 100,000 million and a current Market Capitalisation of $5 million should reflect a current share price around 5ish cents
Stock (b) with Total Shares on Issue of 100,000 million and a current Market Capitalisation of $10 million should reflect a current share price around 10ish cents
Stock (C) with Total Shares on Issue of 50 million and a current Market Capitalisation of $5 million should reflect a current share price around 10ish cents
Stock (d) with Total Shares on Issue of 50 million and a current Market Capitalisation of $10 million should reflect a current share price around 20ish cents
Is this theory valid or am I on the wrong track with regards to total shares on issue, market cap. and average share price.