RE: Market cap26 May 2022 00:38
Wrong!!
The mcap will only increase if SP goes up.
SP will rise or fall on investor sentiment (good or bad).
The mcap is not an indicator of a company's financial health, cash in bank, assets, or prospects etc..... a company can have a £billion mcap with virtually no tangible assets especially in the service industries.
Don't get too fixated on the mcap... I would be more concerned about how the £300m fundraise will be financed ( will it be equity placing, loans or bonds !!)
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Basically, at the end of the day, I'd just like to say.....
.... https://youtu.be/d-diB65scQU ....
;-)
GLALTAmigo's