That sounds about right. KTOV didn't print tons of shares to raise money in its IPO in Israel last year.
Yes, please do some DD. It is on company's website. Yes, there are shares in Israel, but one Nasdaq shares is equal to 20 Israel shares. Isarel shares were IPO'd at about $0.14 more than a year ago, and raised $17m us dollar. KTOV does not have many share in the US or Israel
KTOV has only issued 2 million nasdaq shares, the market cap is still very low
not that high. The US shares is equal to 20 ordinary shares, so they have about 38 millions of nasdaq shares. The market cap is about $20M now, still pretty healthy
lot of shares. at $5, the market cap now is probably few hundreds of millions
just bought 20K shares of USO. How many gallons of gas it is equivalent to?
Investing is about what you believe. I am still long USO. As long as I believe human beings will be on this planet for another century, USO will go up. People will use energy, and population is still growing. They can manipulate the oil price for so long until they go bankruptcy. I want to see how many years will take to deplete Saudi's reserve. Saudi is losing money big, period. They don't have cheap oil because the government has to function. Government expenses are part of their oil cost. They have people to feed, and their people do not work. The cost of oil in Saudi is actually higher than $70/barrel.