Hi all, stupid question but I'm just looking through past announcements and I note that the company said "On listing, Playside will have approximately 366.5M shares on issue, implying a market capitalisation of $73 million at the IPO price." This was at 20cents a share.
So now its 0.265, so its up 33% correct? Why is the market cap only 28 million?? How did the share outstanding become only 104.8 million?
Thanks
Ann: PlaySide and Paramount Sign License for The GodFather, page-40
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65.5¢ |
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Mkt cap ! $267.2M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 66.0¢ | 61.5¢ | $437.1K | 689.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26427 | 64.0¢ |
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| Price($) | Vol. | No. |
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| 66.5¢ | 15000 | 1 |
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