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
Ann: PlaySide and Paramount Sign License for The GodFather, page-40
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Last
71.5¢ |
Change
-0.020(2.72%) |
Mkt cap ! $291.7M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 71.3¢ | $58.56K | 81.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 30416 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 1716 | 3 |
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