Paphitis wrote:Pyrpolizer wrote:Paphitis wrote:I do not all that share ever trading at 60 euros.
Stats do recall TomTom.png
One more thing, market cap is determined by the number of shares on issue multiplied by their value. They could be 60 Euros but with like 1 tenth of the volume of shares resulting in the same market cap. So you need to find out how many shares are on issue.
They were the same both before the 60 Euros boom and afterI use to work for Cobham and was issued with some shares that are worth 300 British pounds each.
Companies issue and buy back shares all the time.
Where does it say that?
Show me that the number of shares in 2006 were exactly the same as today.
Where is your evidence?
here is a hint for you. The amount of issued shares always vary. There is no way in hell that their were the same amount of shares issued in 2006 as 2018. Tom Tom issues and buys back shares continuously and it has a 50 million Euro share buy back under way right now.
https://corporate.tomtom.com/investors/ ... re-buyback
I didn't say they were the same from 2006 until today.
I said they were he same before the boom and after (meaning + or - 1 year) around the boom.
In fact if you do your own homework you will find the number of shares was then about 120 million.
Do you need to be a rocket scientist to realize that your statement that the traded value of a share
"should translate to the approximate real value of the entire company" was utterly wrong?
I know about the buyback. The reason they did it is very well shadowed in their report, but nevertheless ii was only about 5 million shares out of the circulating 300 million.
In fact if you do your own homework you will find that from Dec 2013 to date the number of shares is about constant to 300 million.