Share price under $50? You're right (except for J
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Posted On: 11/21/2017 12:38:13 PM
Share price under $50?
You're right (except for JetBlue) That's pretty amazing!
Stock Shares Price Market cap
DAL 712,000,000 $50 $35,600,000,000
LUV 598,000,000 $55 $32,890,000,000
AAL 477,000,000 $48 $22,896,000,000
UAL 296,000,000 $56 $16,576,000,000
ALK 123,000,000 $65 $ 7,995,000,000
JBLU 320,000,000 $20 $ 6,400,000,000
SKYw 52,000,000 $50 $ 2,600,000,000
If we did a 50:1 split today,we'd have 190,000,000 shares @ $0.15 apiece (I assume we wouldn't do it until the share price pre-split was a lot higher than today!)
BLTA 9,500,000,000 $0.003 $28,500,000
Post-split:
USGL 190,000,000 $0.15 $28,500,000
When the share price hit $50 post-split USGL market cap would be right in the ballpark :
USGL 190,000,000 $50 $9,500,000,000
Are my #'s correct?
OK back to work, 2 more days until RE-TIRED
SunRaven
You're right (except for JetBlue) That's pretty amazing!
Stock Shares Price Market cap
DAL 712,000,000 $50 $35,600,000,000
LUV 598,000,000 $55 $32,890,000,000
AAL 477,000,000 $48 $22,896,000,000
UAL 296,000,000 $56 $16,576,000,000
ALK 123,000,000 $65 $ 7,995,000,000
JBLU 320,000,000 $20 $ 6,400,000,000
SKYw 52,000,000 $50 $ 2,600,000,000
If we did a 50:1 split today,we'd have 190,000,000 shares @ $0.15 apiece (I assume we wouldn't do it until the share price pre-split was a lot higher than today!)
BLTA 9,500,000,000 $0.003 $28,500,000
Post-split:
USGL 190,000,000 $0.15 $28,500,000
When the share price hit $50 post-split USGL market cap would be right in the ballpark :
USGL 190,000,000 $50 $9,500,000,000
Are my #'s correct?
OK back to work, 2 more days until RE-TIRED
SunRaven
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