That actually doesn't matter, lots of disruptive companies trading at ridiculous MC. Theoretical MC means nothing and is BS that investment bankers need to create for a firm to change their position size, the actual end price and MC is highly irrelevant to what the calculation say. This is on the basis of my 7 years of trading experience and the fact there is a skeletal structure of the underlying market that drives the MC of a lot of companies i.e. bear market MC "cheap" bull ridiculously "overpriced" all trash noise.
That actually doesn't matter, lots of disruptive companies...
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Last
$2.30 |
Change
-0.010(0.43%) |
Mkt cap ! $434.5M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.34 | $2.30 | $1.096M | 476.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 501 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 14000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |