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Thursday, March 02, 2017 2:30:33 PM
Don't make the mistake of comparing stock prices, many do, compare market caps. OWCP's current market cap is under $200 million, GWPH's market cap is under $3 billion, roughly 15 times that of OWCP's. To have a market cap equal to GWPH, OWCP's share price would be roughly $30.
Of course we know that OWCP's market cap can go higher than that, but we need to remember with as many outstanding shares as they have, a triple digit share price would require a market cap that's in tens of billions of dollars.
The reason that GWPH's share price is so high is that they have so few shares outstanding. I would expect that in the future dilution will increase their O/S to fund development, time will tell.
Gary
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