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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59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $243.4M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 60.5¢ | 57.5¢ | $172.1K | 292.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 101 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 47083 | 4 |
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