"The share price moves the market cap."
Yep.
"...IG6 share price is higher..., does that mean the IG6 is a better prospect or is the market cap that makes it a better prospect?"
It's the market cap that makes IG6 a different prospect.
If you're comparing the two companies, you can compare the $1.997 Billion VS the $25.96 million and essentially ignore the actual share price. It's only a coincidence that these companies have a similar share price.
General Discussion IG6, page-94
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.54M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.8¢ | 48955 | 1 |
View Market Depth
| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| IG6 (ASX) Chart |
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