LRS 5.26% 20.0¢ 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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Last
20.0¢
Change
0.010(5.26%)
Mkt cap ! $560.2M
Open High Low Value Volume
19.0¢ 20.0¢ 18.8¢ $3.328M 17.22M

Buyers (Bids)

No. Vol. Price($)
5 906298 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1359434 12
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
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