Friday, April 05, 2013 8:49:51 AM
To simplify matters, the possible market value is 450,000 ounces x $1,550 per ounce. Otherwise we need to add the cost of the wholesaler/distributor and other expenses to the equation on top of those mentioned, then we get into:
"Divide that by 40 million shares = $12.45 per share."
But it's not really worth $12.45 per share for a nice profit because there's commission, local tax, state tax, federal tax. Or maybe there's no tax if the shares were bought in a tax-free account. If we stick to market value, it simplifies matters.
I do get your point, though.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
