On reading above, take out the word "Market" from the assumption("market capitalisation") and the statement reads like "company is capitalised at around $100m".
Of course MC refers to the sharemarket capitalisation , and from a company's point of view capitalisation is the funds it has available to fund its own operation.
In Syr's case it has $29m in cash as part of its capitalisation and total equity of $64m.
On reading above, take out the word "Market" from the...
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Last
29.5¢ |
Change
0.025(9.26%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 30.0¢ | 28.0¢ | $1.532M | 5.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 184478 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 303617 | 12 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |