if a company only has $3b cash and 3b shares share price is $1. Market cap is $3b.
buyback 500m shares at $500m, company has $2.5b cash and 2.5 shares. Share price still $1 as cash backed but market cap $500m less
if a company only has $3b cash and 3b shares share price is $1....
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Last
$1.50 |
Change
-0.100(6.27%) |
Mkt cap ! $3.784B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.58 | $1.46 | $32.15M | 21.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13575 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 156811 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AMP (ASX) Chart |