@frestesh. Noobs seem to abound on zip threads. Constant references to MC V APT v share prices & trying to equate same is a display of financial ignorance
Appears a basic lack of understanding that the companies they invest in have actually got different amounts of shares on issue. Amazing ...
Lesson 1 Look at CSL - rarely taps shareholders for more capital because they reinvest more than most of their profits in future R & D & growth & distribute smaller dividend payout ratios.
Lesson 2 the noobs could turn their collective lights on by looking at BHP V CBA V CSL and question why 3 of ASX big companies have such different share prices - circa $38 V $70 V $300 respectively.
Don’t get into PE Ratios, ROE, Earning per share - Geez I would not want to scare them out of speculating !! lol DYOR actually means D Y O R
$8 Party, page-18
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Last
$2.40 |
Change
0.120(5.26%) |
Mkt cap ! $3.114B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.43 | $2.25 | $56.09M | 23.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 231123 | 22 |
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| ZIP (ASX) Chart |