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Tuesday, April 12, 2022 6:13:24 PM
with something like 1.7 Billlion shares at 21 cents, market cap of $375 Million (roughly)
Can see them targeting $5 or more/sh to get the institutional players 'interested'..
So would expect to see the max of a 1-25 r/s gets them roughly 68 Million shares at around $5,25.sh. Market cap still $375 Million..
Question is, what is the projected market cap at some point down the road cause its going to take a while to ramp up enough sales to even justify the current market cap let alone something higher.
And yes, question is, post the r/split will it drop? I suspect that IF the big boys like what they see for a future market cap, they will be nibbling not too long after the r/split..
So any guesses? Projections?? Just curious and I will be buying 100 shares tomorrow (LOL)..
disclaimer: own none, but been watching it for a while. Funny as heck to see them say, you can buy $22 worth of shares (100) and be worth $500 the day the r/split kicks in.. Never saw anything like that before..
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