Replies to post #16096 on Caduceus Software Systems Corp (CSOC)

[KingsKnight]

Market Cap Redux..

It's interesting how the market cap on CSOC has reacted to
the share reduction that occurred on 7/2 & 7/23.

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
On 7/23 the O/S reduced to 585M, the Cap now sits at $26.5M
So from 7/1 to 7/26, the Market Cap has eroded ~85%..This certainly isn't the intended result of share reductions. Not McLuvin' It At the moment!

KingsKnight Sunday, 07/18/21 07:03:55 PM

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..