Question
The closing market price as at 30 June 2021 was $8.25 for Contact and $3.46 for Genesis. Calculate the market value (i.e. market capitalisation value)
The closing market price as at 30 June 2021 was $8.25 for Contact and $3.46 for Genesis. Calculate the market value (i.e. market capitalisation value) of both companies as at 30 June 2021. You will need to use the financial statements provided for both companies to identify the total shares outstanding as at 30 June 2021, include the page reference as part of your answer.
Present your answer in a table similar to below
| Company | Market Price | Number of Shares | Page Reference | Market Value |
|---|---|---|---|---|
| Contact | $8.25 | |||
| Genesis | $3.46 |
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Sound Investing, Chapter 1 - The Financial Pressure
Authors: Kate Mooney
2nd Edition
0071719237, 9780071719230
