Which of these two stocks, KEEL or HIVE, has a better chance of reaching $20/share before the other if they both experience a surge?
Keel has 603.83 million shares outstanding, while Hive has 253.26 million.
All else equal, if both get lucrative hyper-scaler deals, based on shares outstanding alone, isn't it harder for Keel to get to 20/share than it is Hive, or do I have that wrong? If there is a sudden influx of buyers of shares, won't it take longer (and be harder) for Keel to rise in share price compared to Hive because Keel's shares are more diluted? (603 vs. 253)
Thanks,