Yes - I was being slightly facetious.
My take on market cap and shares on issue. Assume a market cap of $10m.
Company A has 10m shares at $1 = $10m
Company B has 100m shares at 10c = $10m
What's the difference? The company is still valued at $10m.
For example, I could have 10k shares in company A worth $10k or...
I could have 100k shares in company B worth $10k.
At the end of the day, if either share price goes up 10%, either company is worth 10% more.
I realise there's a lot more to it than that but I like to keep things simple.
the competition, page-6
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Last
17.3¢ |
Change
0.003(1.47%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $1.347M | 7.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 3405515 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 4535596 | 22 |
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| Last trade - 13.01pm 03/12/2024 (20 minute delay) ? |
| LRS (ASX) Chart |
