29M 7.14% 37.5¢ 29metals limited

No! Market cap is the total number of shares on issue multiplied...

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    No! Market cap is the total number of shares on issue multiplied by the last price the company traded at. It is only a rough guide because a lot of companies also have options, rights and warrants on the register as well that are not included in the market cap calculation unless the quote "fully Diluted" appears before it.
 
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