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Re: A deleted message

Tuesday, 09/08/2020 2:47:49 PM

Tuesday, September 08, 2020 2:47:49 PM

Post# of 186031
The price per share is not computed from the AS. Authorized shares is simply how many shares the company could put into the market, total. The AS can be changed, and often is.
The PPS is what people are willing to pay for the stock. No calculation needed, which is why it moves up and down freely. Simple trading 101.
And, in speaking of Verus's AS, one must remember that most of those are reserved shares to cover existing loans, should they convert. They can't simply start selling the remaining AS into the market.
When dilution is occuring, and a lender chooses to unload the shares they got, the price per share can and usually does take a dump. Too many shares for sale vs amount wanted. Too much supply, the price drops.