Forums > SL CapEx Public Forum > Topic: whats the matter with SLCapex Shares
| May 27th 2008, 01:24 Manuela DeVinna |
whats the matter with SLCapex Shares | |
| Hello Is there going on something i dont know or why are they traded at 0.20 or something ? Manuela |
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| Jun 11th 2008, 11:54 Ragged Delec |
Re: whats the matter with SLCapex Shares | |
| Nothing, except that the company has a huge number of shares issued - 76,000,000. And simply isn't profitable enough to support that many shares. This means that even if they make net profits of 100K per month, that's still only one thousandth of a Linden per share (0.001L). Profits need to increase five times to pay a semi-decent half a linden per share monthly dividend. Combine that with the precarious state of investor confidence in the market at the moment, as more companies go poof and others are manipulated at their CEO's whim, and I think the shares are fairly priced. |
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