Hi all, stupid question but I'm just looking through past announcements and I note that the company said "On listing, Playside will have approximately 366.5M shares on issue, implying a market capitalisation of $73 million at the IPO price." This was at 20cents a share.
So now its 0.265, so its up 33% correct? Why is the market cap only 28 million?? How did the share outstanding become only 104.8 million?
Thanks
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Open | High | Low | Value | Volume |
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3 | 16350 | 0.630 |
3 | 8450 | 0.625 |
8 | 55675 | 0.620 |
5 | 70110 | 0.615 |
Price($) | Vol. | No. |
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0.645 | 3103 | 3 |
0.650 | 15033 | 3 |
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