Hey @kiwi51, in simplest terms (including definitions)
MC = Market Cap: Share price x shares on issue
AKE Have 1 quarter revenue of $315 million.
PLS likely have 1 quarter revenue of $1000 million (3x AKE revenue)
AKE MC = 8 billion
PLS MC = 12 billion
For over 3x the revenue we have 1.5x the market cap.
If the two companies were compared equally based on revenue only (not the only metric available to value a company share price) then PLS ought to be 3x AKE's market cap, which is 24 billion.
Fair market value share price for PLS should still be in the $5.50 range which is in the 16 billion range, many argue the SP should be far higher, but depending on what the actual quarterly is (amongst other things) it's fair to argue we are not valued well for our current revenue.
Hope that helps.
Hey @kiwi51, in simplest terms (including definitions)MC =...
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 238827 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 274109 | 7 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |