BCN 0.00% 2.2¢ beacon minerals limited

The share price is irrelevant when comparing one company to...

  1. 1,100 Posts.
    lightbulb Created with Sketch. 889
    The share price is irrelevant when comparing one company to another - don't bother looking at it. The market cap is the share price * the shares on issue. So the reason for a variance is simply SCQ has less shares on issue which gives it a higher price per share.

    I.e.

    BCN has 2.8bn shares * $0.039 = $115m Market Cap
    SGQ has 487m shares * $0.10 = $40m Market Cap

    Very concerning if this is not understood.

 
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