Are you a trader or investor?I hope not. My carreer has absolutely nothing to do with the sharemarket but I can say your comment is wrong, imo.Yes the MC is king but shares on issue is crucial to any coy on the ASX, if not, one of the most important things and can dictate the MC and destroy the future prospects of the SP.The bigger the coy the more shares they can have as more is tied up in instituions. BHP has 3.3b.If we had 5.4b tomorrow we would have to drop to 20.5c to have same MC, obviously.It affects the liquidity.Our CEO and MD have brought it up many times. Have you not listened to any of the presentations, even GJ suggested consolidation!Sorry these guys are probably wrong.Shares on issue is one of the first things people look for when investing.Sometimes I wonder even more considering I don't rely on the sharemarket to make my living and you probably should give up!!!!!!!!!!!!!
Add to My Watchlist
What is My Watchlist?