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Seven Generations Energy Ltd. class A common shares T.VII

"Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture,


TSX:VII - Post by User

Comment by northmanon Feb 12, 2021 2:41pm
80 Views
Post# 32554727

RE:Really share count doesn't mean anything?

RE:Really share count doesn't mean anything?A company trades at a certain valuation. That valuation divided by the number of shares  = the share price. IF a company is worth $5bn and they have 5bn shares, then each share is a buck. It doesn't matter if they have 5bn shares at a buck or 500mm shares at $10. If I want to buy $100K of that company I will get the same % ownership, but the number of shares I own will be different. Nothing is different - share count doesnt matter.

That said - if the number of shares is changing through regular new issuance to insiders or to the market to fund dividends 'a la Crescent Point of 10 years ago' then I should take a second look.

I am going to stop responding now.
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