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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > Share Price
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Comment by VENManon May 13, 2020 2:44pm
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Post# 31023751

RE:RE:RE:RE:RE:Share Price

RE:RE:RE:RE:RE:Share PriceLiteOn1981, Victoria Gold had 858 common stock outstanding at 46 cents = $394 million market cap and today because it is producing gold yes it rolled back shares to only 60 million but the share price is at $10.80 = $648 million Market Cap. So the value after the rollback went way Up not down in that case. It went from 46 cents to $1.08 had they not done the rollback. All IMO! 
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