Hi, I was wondering if someone could help me out a bit.
How exactly does coding with addition or subtraction work with Sxx and the rest?
The market capitalisation of Sirius Minerals is £899,746,665.14.millse: If sxx do a rights issue or a placing to raise £500m+ or so then obviously they will have to offer a discount to the current share price, I don't know of an example where its been done at a premium.swampydrill: Been thinking about if there is further shares issued as part of the financing deal, would this lead to consolidation in the share price, other places where i have seen this has mostly been in the oil sector and led to decreases in the share price Not saying this is always the case so would an investor want equity ? Long term you would think they would like a slice of the pie.analcime: stoaty1.. I was led to believe that The role of the market makers is to ensure that there is a ‘market’ for the shares floated on the exchange, i.e.
that a sell price and buy price is quoted within market hours, in a minimum number of shares.
As such, market makers are an essential element of the day-to-day workings.
The last closing price for Sirius Minerals was 38.75p.
Sirius Minerals has a 4 week average price of 31.10p and a 12 week average price of 23.52p.
The 1 year high share price is 40p while the 1 year low share price is currently 10.50p.
There are currently 2,263,513,623 shares in issue and the average daily traded volume is 21,662,506 shares.
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