Saturday, April 02, 2005 12:13:44 PM
MMXT market cap is roughly $18 million.
Why do you think the market cap is not going to add up to roughly $53 million after a merge...or? Where does you broker think that market cap is going to disappear to?
Of course I expect the 50 dma to be well above .07 by the date of the merger.....
$53 million is just an example based on today's share prices....illogical as they may be.
Using .07 50 dma.....the merged MMXT is worth roughly $43,400 and most of the value does come from SCMI.
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