My point is, you just said the amount of shares makes no difference to market cap, the equation points it right out. Market cap is clearly affected by number of shares. You are comparing far to one of australias biggest mining companies with shareholders equity worth 90 billion, hardly the company to compare to.
The Fudamental Problem......, page-68
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Last
52.0¢ |
Change
0.015(2.97%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.0¢ | 50.5¢ | $17.38K | 33.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 96060 | 2 |
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| Last trade - 14.33pm 18/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |