Growth Vs. Stock PriceI saw a video presentation from 2013 which stated that at that time the market cap of the company was 3m with a stock price of about 0.12. The company has since grown to a market cap of about 40m and a stock price of 0.32.
This indicates a growth in market cap of over 1200 percent if my math is correct, while the stock has only increased by some 160 percent over the same time period - not a bad return for the longer term investor!
The trouble is - How many of us are long term investors when it comes to micro-caps?
Take Care All