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Message: Re: Quick Comparative Analysis
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Feb 22, 2022 06:35PM
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Feb 22, 2022 06:46PM

Oops - bad copy-past on market cap. The math is correct.

Ok I know were not supposed to post alternate stocks on the main board but, I thought this relevant and interesting...

We know LWLG had a fantastic run up.

If we look todays closing numbers for LWLG:

  • LWG high today 6.69
  • LWG market cap 669.3 MM
  • Simple math: 669.3 MM / 6.69 = ~100MM shares

And todays closing numbers for POETF:

  • POETF high today .703
  • POETF market cap 228.7 MM
  • Simple math: 228.7 MM / .703 = ~325MM shares

POETF @ 10:1 (based on today's numbers) will enter with ~32.5MM shares

So if LWLG with 100MM shares ran to a 52 week high of $20.30 on vapor...

What will 32.5MM shares do with real tangibles...?

Thanks Cookie!

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