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Re: None

Sunday, 07/18/2021 7:03:55 PM

Sunday, July 18, 2021 7:03:55 PM

Post# of 17248
Market Cap Movement...

It's interesting how the market cap on CSOC has reacted to
the share reduction that occurred on 7/2.

On 7/1 when the O/S count was 2.3B the Cap stood at $170M
On 7/2 the O/S reduced to 731M, the Cap dropped to $58M
now 7/19, with the reduced O/S & recent price drop, the Cap sits at $39M

So, CSOC Market Cap has dropped 77% from 7/1 to 7/19.
One would have anticipated the share reduction to have a more significant impact to the price if the valuation at $170M was warranted.

Going to be interesting where this finds a midpoint between those ranges. GLTA..


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