Market cap is just # of shares x whatever the share price is on any given day.
When your company is not cash flow positive then most if not all of your sp is speculation about its potential not actual value.
So in that case I would say no, market cap is not a fundamental indicator.
Sp and volume can fluctuate for many reasons. That's why coys drop in and out of sub-indexes all the time.
thoughts re recent ann, page-10
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 297652 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 7500 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |