The Market Cap of a company.....revealed8 Aug 2021 21:55
The Market Cap of any company is just the simple function of two items - the number of issued shares ( generally static ) and the SP.
The SP is an incalculable figure based on a large number of variables - type of company , years of existence, fixed assets, estimated assets, product prices, jurisdiction, revenue , sentiment, hopes and expectations, the larger market sentiment, price movements of external influences, quality and turnover of management, competition, ...... and at least a dozen other things.
So with a piddling little , new, AIM , exploration company ..... you just take what you get. ( for the time being )
Once the hard data starts to emerge and settle, the mill wheels start to turn, and the revenue stream starts, then the SP will respond accordingly, and the MC will reflect those facts.
As it happens this board already is way in advance of the market as to what is happening, and is going to happen, and where we are going due to the hard research of Hydro, Bamps, Paddy and others. Sadly they do not have a major influence on the SP. But what makes investors on this board so fortunate is that they are privy to a wonderful Reference library, and are at least 6 months ahead of the game.
Just sleep easy, - it will happen.
Happy Xmas all.
Tig