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Post# of 447440
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rafunrafun

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rafunrafun

Re: ggwpq post# 327105

Saturday, 02/27/2021 10:10:26 AM

Saturday, February 27, 2021 10:10:26 AM

Post# of 447440

MC = S/O * price, so correlated to S/O

Correct of course.

(A) Currently: 400 million shares @ $7 per share, MC = $2.8 billion

(B) With a 10:1 reverse split, it becomes: 40 million shares @ $70 per share, MC = $2.8 billion

Scenario (A) has 10x more shares. But which scanario has a potential for a bigger buyout?

Answer: they're equal. Hence the # of shares, by itself, is meaningless. What's not meaninglessness is the MC.
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