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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: koan who wrote (33059)2/16/2007 3:23:22 PM
From: LoneClone  Read Replies (1) of 78412
 
koan, FNX is actually about 3 times as expensive as RNG.

FNX's market cap is about $1.5 billion, while RNG's market cap is about $550 million.

The share price is meaningless for comparisons like this.

Would you say that a company with a share price of $10 and one million shares out is 10 times as expensive as a company with a share price of $1 and 1 billion shares out?

If a company does a split or reverse split it has no effect on the how the market values the company except in psychological terms.

LC
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