3 ms·
I think most people don’t understand the meaning of “market cap”. It’s the value of the company extrapolated based on the value of the most recently sold share
by zaroth 7y ago
I think most people don’t understand the meaning of “market cap”.
It’s the value of the company extrapolated based on the value of the most recently sold share of the company.
There is zero actual measure of how deep the book is on the buy side or the sell side at that price.