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Shavasana

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Shavasana

Re: Random31 post# 439

Wednesday, 03/21/2018 1:06:43 PM

Wednesday, March 21, 2018 1:06:43 PM

Post# of 1919
Market Cap=Share price X total shares.
Need to look at market cap(mc) to get accurate comparison between companies value. Altura has a lot more shares so their share price will be lower for a given mc

Altura mc = $850m AUD

Galaxy mc = $1.360b AUD


So when ALTAF pps doubles (with same share count) to let's say .8
It's mc will be double to about $1.7b...higher than Galaxy
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