Hi chil020, I note you state that Dendreons market capital is approaching ours and that is not so as Dendreons market capital is about US$960million whereas PRR has a market capital of only about AUD$130million.
The PRR share price would have to be 80c+ and not the current 12c for the market capital to be the same. You appear to have confused share price with market capital. Two very different things. When comparing stocks sp alone is meaningless unless the comparative capital/equity structure is taken into account. Thats why market capital is the best means of comparison as to the prevailing current value of a company.
PRR would have to be at least 80c to be similar to Dendreons current mc and I wouldnt mind that to be the case lol.
Hi chil020, I note you state that Dendreons market capital is...
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Last
27.5¢ |
Change
-0.010(3.51%) |
Mkt cap ! $400.0M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.3¢ | 27.0¢ | $1.034M | 3.758M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 98156 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 85523 | 9 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMM (ASX) Chart |