I'm trying not to put the cart before the horse he
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Posted On: 02/01/2022 9:53:11 AM
I'm trying not to put the cart before the horse here and the ticker change is of course the next step on this journey.
Out of curiosity I wanted to make a share structure and market cap comparison with two other big Chinese conglomerates.
Alibaba: 2.7B OS, $341B MC
Tencent: 9.6B OS, $660B MC
China Yicheng: 1.3B OS, $19M MC
The point here is simply to demonstrate that there is a ton of headroom to grow. We don't have to get anywhere close to those other companies for shareholders to experience a massive benefit, and for the company to raise the necessary capital. 1.3B may not be considered an OTC "low floater," by penny traders, in reality this is pretty small .
While going from below .02 to the dollars per share required to get a NASDAQ listing sounds unreal and ridiculous at a glance, $4 per share gives us a market cap of only $5.2B. It suddenly sounds attainable.
All depending on the company's moves and ability to capture revenue and market share of course. But their public events clearly show these guys and gals aren't messing around.
Out of curiosity I wanted to make a share structure and market cap comparison with two other big Chinese conglomerates.
Alibaba: 2.7B OS, $341B MC
Tencent: 9.6B OS, $660B MC
China Yicheng: 1.3B OS, $19M MC
The point here is simply to demonstrate that there is a ton of headroom to grow. We don't have to get anywhere close to those other companies for shareholders to experience a massive benefit, and for the company to raise the necessary capital. 1.3B may not be considered an OTC "low floater," by penny traders, in reality this is pretty small .
While going from below .02 to the dollars per share required to get a NASDAQ listing sounds unreal and ridiculous at a glance, $4 per share gives us a market cap of only $5.2B. It suddenly sounds attainable.
All depending on the company's moves and ability to capture revenue and market share of course. But their public events clearly show these guys and gals aren't messing around.
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