RE:RE:RE:RE:RE: Shorts gone Wild!Share structure most certainly matters when looking at an investment especially in profitable companies where dividends are a factor or where one intends primarily to trade the stock in which case average volumes traded should be weighed as well. It also serves as a functional data point to measure trading fluidity and velocity. In a year or two when the US mj market is fully legal and Auxly is a little more mature, if AUXLYs SP is still under $1 then there might be a need to consolidate the share structure in order to meet SP requirements should Auxly elect to list on the NASDAQ. That would be a meaningful and functional reason for consolidating the SP otherwise I see no reason to change the Share Structure at this time. With fledgling stocks I place less emphasis on the total number of shares and more on weighing assets, debt structure, revenues and future growth against the Market Capitalization.
stockman2021 wrote: Destro65 wrote: Share structure is the number 1 thing I look for. It is the most important thing. It is the basis behind the quote "good companies and good stocks are not always the same thing, vice versa" Anyone who dismisses share structure as being unimportant is someone who holds losing stocks.
Anyone who values appreciation in the value of their investment also takes share structure seriously. It continually amazes me how some people seem to think stocks with 850 million shares floating around out there are viable plays. As if market capitalization doesnt factor in one iota and thats just shocking to me. This isnt a blue chip outfit worth or making billions in revenue with a billion shares outstanding. It's a penny pot stock making $4 million in profit each quarter and no way can the share price trade considerably higher from here to justify that valuation.
Destro65, you can feel free to search my history for personal information I have volunteered in the past. With respect to Auxly I am an independent retail investor. If you want my name, address, phone, SSN/SIN, DOB, DL, IP or VPN. YOU First. Let me say this though, you have no idea what Im worth, nor I you. My approach differs from yours. Thats all. btw-SNDL sports 2 billion shares at $0.50 per share and yet it is once again a Robin Hood top 7 pick.? I knowww crazy, right? stockman2021, Im not sure where you come up with $4mil profit per quarter. If youre lookin at what I think you might be lookin at, you should know that Q3 wasnt even close to that and Q4-2021 report hasnt been released yet those numbers might be a little premature. Please cite your source. Also lets be clear, the MC reflects the total value of the company at the market and is derived by multiplying the number of shares issued by the current SP. i.e. 850,000,000 x 0.15 With more than $300mil in physical assets, projected NET revenue to exceed $120mil, minimal short term debt, clear plans to cut cost, improve margins and increase market share, is Auxly honestly only worthy of a MC of $130mil ? Let me make it clear. Im here to exchange factual information. Share perspectives and seek leads. SH is but one source of info and a lot of opinions. My outlook on Auxly is a positive one for many reasons and Im pretty sure Im not alone. Nice call on the SP Nortzy27, too bad you cant wash that loss though. Oh, well Hang in there mates! cheers