One mile of Ocean Front, $1.6 Billion , One Incredible Real Estate Development.
OMAGINE INC. THROUGH ITS WHOLLY OWNED SUBSIDIARY IS A REAL-ESTATE DEVELOPMENT, ENTERTAINMENT AND HOSPITALITY COMPANY FOCUSING ON MIDDLE EASTERN DEVELOPMENT.
Hub Controls
  • Demo Video
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio

Email Updates

Omagine > Message
Agoracom

Re: And down it comes

Posted by: AGORACOM on July 11, 2008 10:46AM

In response to: Re: And down it comes by lebnjb@ameri



Dear Lebnjb,

Thank you for your comment. We offer the following comments meant to be clarifying to your posting.

Your references are to market capitalization (or market cap) which is a pretty straightforward concept that refers to the value of a company.

A company, including all of its assets, may be freely bought and sold through purchases and sales of stock, which determines the price of the company's shares. Its market cap is this share price multiplied by the number of shares outstanding, which provides a total value for the company's shares -- and thus determines the value for the company as a whole.

Your second question regards valuation and future share price, a topic that has seen an array of such analysis and valuations over time in this forum. Please review these previous postings on valuation in this forum. Agoracom is not a financial analyst, nor an investment advisor, and as such is not in a position to speculate on future values or predict future stock prices, etc.

Again, thank you for your post.

Regards,

AGORACOM Investor Relations



Post a Reply

Please login to reply to this message.

Executive Address
Omag-drohan-ea
Frank J. Drohan
President and CEO
June 28, 2007

President and CEO Discusses Omagine Development  in an interview from Oman

View Broadcast

Stock Quote