Hi April
You have to compare Market Caps ( SP x nbr of shares ), not share prices.
It all depends how the company has structured its stock when they first go public.
To keep it simple - Company A may issue 1 million shares @ $5 each. Coy B may issue 5 million shares @ $1 each.
Market caps approx - RMP 15mill, 88e 110 mill, OEL 102 mill.
You also need to check their portfolios - RMP now has mainly the recent Western Blocks Consortium, 88E has quite a few irons in the fire, OEL has a good portfolio & is actually producing oil & therefore has income.
lots of items to compare !!
Hope this helps
Jack . GLTAH
ASX Today, page-71
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $101.9K | 51.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 514 | 1361282451 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 62464179 | 20 |
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| Last trade - 16.10pm 20/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
