OTCPK:KATFF - Post by User
Comment by
greendalefon Jan 13, 2009 8:06am
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Post# 15700510
RE: RE: RE: 5 billions share at 0.10?
RE: RE: RE: 5 billions share at 0.10?
Another one who does not understand the difference between issued and authorised share capital.
5bn is the authorised share capital. The number of shares issued to cover the convertible was 953m. So if KAT's share price rises to $1.00 it would put it on the same market cap as EQN. Considering the resource and facilities KAT have, that seems quite a reasonable target to me.