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2,083 Posts.
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12/04/10
09:34
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luvs,
Just to put it in perspective the 16c rise for AUJ adds $8 million to their market cap.
If you added a similar figure to GGP's market cap (based on around 845m shares) you would add only 1c to GGP's share price.
IMO it demonstrates a couple of things:
- AUJ is highly leveraged to success at Silverwood
- You need to look at market caps not share prices
I'm all for getting excited (and can't wait for the upcoming announcements) but lets all try to keep our feet on the ground a little.
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