MC is determined by share price. MC does not determine share price.
The value of something is what someone is prepared to pay for it. People don't purchase market caps. As I said it is good for peer comparisons. You might use a MC to assist in determining fair value however it is only one part of the picture. Someone else's MC can be at that level for many reasons so is only a small part of the overall assessment criteria but to each their own.
I would suggest to any newbies reading that they do their own research. Google is a great friend
KEY TAKEAWAYS
- Market capitalization refers to how much a company is worth as determined by the stock market. It is defined as the total market value of all outstanding shares.
- To calculate a company's market cap, multiply the number of outstanding shares by the current market value of one share.
- Companies are typically divided according to market capitalization: large-cap ($10 billion or more), mid-cap ($2 billion to $10 billion), and small-cap ($300 million to $2 billion).
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.25M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $3.847K | 649.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 13215230 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 8615706 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 12041865 | 0.005 |
23 | 8425439 | 0.004 |
8 | 6242990 | 0.003 |
3 | 4099000 | 0.002 |
2 | 6900000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 6995533 | 15 |
0.007 | 4549746 | 11 |
0.008 | 5299601 | 15 |
0.009 | 5497802 | 8 |
0.010 | 1212950 | 6 |
Last trade - 13.39pm 14/06/2024 (20 minute delay) ? |
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Last
0.5¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
0.5¢ | 0.5¢ | 0.5¢ | 100000 | ||
Last updated 11.40am 14/06/2024 ? |
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