I get what publow is saying, but ks is correct. Polynovo has three times the amount of shares on issue so a $1 gain for PAR would amount to a market cap increase of $224m, the same change in sp for Polynovo would be $661m.
Breaking it down;
the $1.10 gain for PAR based on their shares on issue = $247m increase in market capitalisation
the $0.40 gain for PNV based on their shares on issue = $264m increase in market capitalisation
$3.00 in May, page-106
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Last
$2.31 |
Change
0.060(2.67%) |
Mkt cap ! $1.594B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.32 | $2.27 | $4.077M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 136 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 10498 | 3 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.060 ( 2.40 %) |
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| Open | High | Low | Volume | ||
| $2.27 | $2.32 | $2.27 | 483437 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| PNV (ASX) Chart |