There used to be a rule of thumb that each bil in the order book was worth $1 for the share price. So the $35bn or so order book *should* equate to a $35 sp.
This overshot of the upside obviously when the sp hit $60, and has probably gone the other way now.
Interesting take on it, even if the market no longer takes much notice of it.
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There used to be a rule of thumb that each bil in the order book...
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