TSXV:CAV.H - Post by User
Comment by
therick2007on Apr 29, 2012 7:58pm
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Post# 19850372
RE: RE: RE: Dissapointment: CHARLIEw
RE: RE: RE: Dissapointment: CHARLIEw People think baja need an extra 200 millions $ (based on 100% dilution) so the marketcap goes to :
390mm shares total minus 16mm warrants not exercised = 374 MM at 39 cents= 145 Miilion$ MarketCap plus 200 Millions$ needed = 345 Million marketCap That average the marketCap in the 0.90 two weeks ago
People will MAYBE sell furthur down (Panic and mystery about total cost) but I think it will stay at those level until we heard more about the funding and/or the true value needed for the completion of Boleo
Everyone got their own technical science or theory but for me, the MarketCap reflects usually the reality.
Rick