BBI
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0.00% $3.98 babcock & brown infrastructure group

Number of shares on issue is irrelevant. Market cap is what...

  1. melua
    14,880 Posts.
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    02/02/09
    15:16
    Post #: 4751604
    Number of shares on issue is irrelevant. Market cap is what counts. The 2.4 billion shares didn't stop it trading at over $2.00. The instos look at market cap, and number of shares on issue is just one part of the equation.
    How many shares in many of the ASX Top 20 stocks? Billions!
    BBI Price at posting: 7.9¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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