Friday, April 28, 2006 11:00:34 AM
It seems to me that this is somewhat of an apple/orange comparison. It doesn’t seem logical to compare today’s ONTV PPS of .34 (in your example). Reason is, there are only 25million shares (approx) outstanding today with a Market Cap of approx $8.5million. When all is said and done (new share issuance and forward split of ONTV), there will be $250million--- to maintain the same market cap, the PPS will be approx .034 (IMO).
Let’s say you own 1,000,000 STY shares today and your ONTV div shares are 50,769. If my math is correct, the div shares will be worth approx $1,726.
Someone set me straight if I’m way off base, but this is how I view it.
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM