Share price doesnât matter.
If they have a 100 billion shares in circulation theyâd be wildly overvalued even at $2
@revelcsi1iicidem and @Scrooge_McCodf , âBanco Sabadellâ is definitely undervalued, however, a few years ago another profitable and slightly bigger spanish bank, âBanco Popularâ was allowed to fail despite it being profitable due to liquidity issues, so there is definitely a risk involved.
Be careful.
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This is a grave error. One should never allow fundamentals to get in the way of a good penny stock adventure.
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Yeah thatâs true but Iâm taking for dividend sake. Iâd rather buy a stock fundamentally the same as say a stock whatâs 100x dearer. I get more shares less price more dividend(not factoring in like eps depending on which stock we compare)
It is undervalued. Trouble is its chart makes me think it might stay that way.
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Well that depends on dividend yield. Which do you think pays more?
(1) 400 stocks at $2/share with a 4% dividend yield.
(2) 2 stocks at $400/share with a 4% dividend yield.
Assume both distribute quarterly.
Hmm! Iâve done a little research they seem to be sound structure wise balance sheet wise(cash) and they mess with big players just launched some insurance for whatâs app. Dno what that is but sounds intriguingly interesting but I know there is always risk! But banks are the least in my eyes compared to say tech or food industry.
Coming back to the subject of this topic, Eurasia Mining, has anyone been able to buy today?
All my market and limit orders have been rejected.
Well the 400 share would probably be making more eps but like I said Iâm looking for growth in price shares at 400 pound dont attract me at all unless weâre taking tens of thousands or millions⌠so say I bought stocks at 2 dollars a share and now it rises to 5 I just made 3 on each plus dividend and with stock price rising must be revenue or news etc so maybe the yield increases
Not tried, I really think they suspended shares to blag there way through covid⌠none of what they done makes sense and no news has been sent out regarding it 
That wasnât the question - read it again. Make sure you understand.
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Here comes @Vedran 
Someone has to do the Medici collection of all the profound and intellectual statements done by our own Warren Buffet 2.0.
It might be best seller one day⌠
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@revelcsi1iicidem donât ever be put off from asking questions btw, everyones always learning.
As I said earlier youâll look back at these threads (hopefully) and go damm 
and hopefully have a laugh.
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More Like Phoebe Buffay 2.0
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100% Always be asking questions, always be listening to the answers. Nobody minds trying to help someone sincerely trying to find their way.
I gonna double down on my previous betâŚ
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4% of 400 usd is 16 dollars. 2 stocks 32 dollar dividend
4% of 2 usd is 0.08. 400 stocks 32 Dollar dividend
If Iâm correct but like I said I only would do that if I feel like itâs going have growth aspects to it
I could be completely wrong and @SWPhilosophy always, someone who doesnât ask questions doesnât know any answers
You are correct. Very good. But if you think the difference is to do with growth, then that surely comes from the underlying company, rather than the share price?
For example, the higher Teslaâs share price goes, the faster it seems to go upâŚ
Yeah that is so true I put it across as if the share price is high it canât grow and like buffet says buy quality stocks not just low priced ones, somtimes id choose that way
your saying but say like Airtel Africa itâs 60p pays a dividend and has HUGE growth potential.
If you buy at 36p like me and now someone buys at 60p Iâm going to get a bigger dividend yield as Iâve got shares cheaper???
Is this correct Working it out now but sure it is hense they say buy bits everyone so often rather than one big buy (might of got it mixed up give me a minute)
thatâs my point Iâm not saying donât buy stocks that are in hundreds