It does matter because it gives you an idea of what our share price could be at a certain MC.
If you take the highest MC in the chart of 1.55 B and divide it by our market cap of 241M you get 6.42 times larger. Multiply that by our current share price to get an indication of our share value at 1.55B of $1.10
We have over 1.4Billion shares on issue.
The company depicted only has 126 Million shares on issue so a lot less dilution.
My $1.10 is Aussie $ so if these are American stocks then our $1.10 becomes $1.69 Australian.
It does matter because it gives you an idea of what our share...
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Last
42.3¢ |
Change
-0.003(0.59%) |
Mkt cap ! $780.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.3¢ | 42.3¢ | $777.3K | 1.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 429935 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 324523 | 9 |
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| Last trade - 12.18pm 12/09/2024 (20 minute delay) ? |
| BOT (ASX) Chart |