LRS 0.00% 16.0¢ latin resources limited

Yes - I was being slightly facetious. My take on market cap and...

  1. 123 Posts.
    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.
 
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