RE: Bay(silver) Versus CS (Pozz/Perl)10 Aug 2020 10:47
So how is Mcap arrived at? I mean. I know its the total value of all the shares in issue but how does the market decide that? Is it just the market that sets it based on perceived value or is there some good calculation?
I would suggest that a company with an operation that pretty much guarantees annual profits of £20m+ for the next 27 years, as well as having other interests, should have quite a high cap. Certainly it should be way in excess of one years annual profit?