FMG 2.19% $16.94 fortescue ltd

working out the mkt cap of a company

  1. 6,214 Posts.
    lightbulb Created with Sketch. 490
    a simple lesson in valuing a company:

    Number of shares issued x share price = mkt cap

    Problem:
    One or two on this thread (no names mentioned) appear to think that the higher the share price the higher the mkt cap of the company. Keep thinking that and you will lose lots of money. Just a friendly piece of advice...no need to respond
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$16.94
Change
-0.380(2.19%)
Mkt cap ! $52.28B
Open High Low Value Volume
$17.11 $17.23 $16.83 $177.2M 10.35M

Buyers (Bids)

No. Vol. Price($)
12 2844 $16.93
 

Sellers (Offers)

Price($) Vol. No.
$16.94 4497 14
View Market Depth
Last trade - 14.22pm 15/08/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.