RE: RNS 2nd Jan.29 Apr 2025 09:51
For the uneducated.
Market capitalization (market cap) represents the total market value of a company's outstanding shares. It's calculated by multiplying the current share price by the number of outstanding shares. Market cap is often used to categorize companies by size (e.g., large-cap, mid-cap, small-cap) and is a key metric for understanding a company's market value and size.