TSXV:EPO.H - Post by User
Comment by
Rytyon Feb 14, 2011 7:28pm
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Post# 18132532
RE: RE: RE: RE: More sellers after BNN pump
RE: RE: RE: RE: More sellers after BNN pumpwhat do you expect when there is 295 mill fully diluted shares outstanding. This is where such a huge fully diluted OS share capital affects things. I don't care what anyone says, OUTSTANDING SHARES MATTER!!!! PERIOD>
I Understand where some posters agree that OS Shares are not important, when you consider the amount of cash you invest and the cooresponding rate of return is x. But that is only looking at it from one viewpoint, which again has validity. However, if you want to see huge POP'S you need a lower share float.
Now I know the counter arguement will be "look at market cap" which is a factor as well...well tell that to the market, cause it ain't listening is it.
Eventually, we'll see a market cap assigned based on what the market considers fair value based on our assets...hopefully it's more than ~ 150 mill.
Time will tell...