Until GLBSE will show the number of shares outstanding it is hard to guess the real market cap.
Topic: Market Capitalization of top 20 most traded GLBSE assets - page 3. (Read 5307 times)
Ok. I added table where count of shares is taken from dividend payments section. But that's way off too
Until GLBSE will show the number of shares outstanding it is hard to guess the real market cap.
Until GLBSE will show the number of shares outstanding it is hard to guess the real market cap.
GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead?
Not sure if that would be a good idea. Average trade price should reflect this fact, no matter who holds those shares.
You misunderstand. Shares issued is inaccurate. It is shares authorized and authorized but uninsued shares have no value.
An example.
I form a company (real world). State of VA asks me how many authorized shares. I say 1 million.
Now my company is worth about $100K and privately held between a few investors. No need to get fancy. I issue 1000 shares at a par price of $100 ea. $100K company, $100K in issued stock.
By your method my company would be worth $100M. Had I arbitrarily told state of VA I have 1 billion authorized shares you would be valuing my company at $100B.
Authorized shares have no value. Issued shares do. Issued shares are what are traded.
Did I miss something or is that "market cap" column mislabeled? shouldn't it be "implied valuation"?
Yes - shares issued doesn't equal shares sold....
You can look at recent dividend payments to determine what is in circulation...
You can look at recent dividend payments to determine what is in circulation...
For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company.
No. Shares held by the company are called Treasury Stock. Treasury stock is not used in computing the market cap of a company, only the shares issued and outstanding are used there. Since we don't have options and warrants on GLBSE, you could include treasury stock to compute the various metrics on a diluted basis.
GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead?
Regular stock exchanges (NYSE, NASDAQ, etc) call that number "Shares Authorized" and it's larger than or equal to "Shares Issued and Outstanding"
The "Issued and Outstanding" shares get the dividend, that's why people are saying to use that number.
GLBSE should really show both and label them with the standard nomenclature.
For bonds, you really need to check the shares paid in the dividend section. As an example in addition to TyGrr.Bond.P noted above by Goat, YAMBC paid 40854 bonds in the last payment, which is a fair way below the 150000 issued.
For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company.
There are also larger assets than in the list, but which have lower trading volumes because most raising was done pre-launch. For example, BIB.PIRATE is still mostly held by original private depositors and not actively traded, so it doesn't make the top 20 by volume, but it's market cap (at face value of bond) is 13007 BTC.
It would be useful for GLBSE to include this info so threads like this are not necessary.
For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company.
There are also larger assets than in the list, but which have lower trading volumes because most raising was done pre-launch. For example, BIB.PIRATE is still mostly held by original private depositors and not actively traded, so it doesn't make the top 20 by volume, but it's market cap (at face value of bond) is 13007 BTC.
It would be useful for GLBSE to include this info so threads like this are not necessary.
Where's DMC in that list? 
I took top 20 assets according to Total Volume in BTC. This way I hope I can avoid much fluctuation in average trade price and only the most established assets get in, it reflects the market interest as well. You need to lure more investors to get into top 20 most traded
GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead?
Not sure if that would be a good idea. Average trade price should reflect this fact, no matter who holds those shares.
Where's DMC in that list?
GLBSE's Shares Issued is more like Shares Issuable. If dividends have been paid, maybe you can use the Shares Paid as the share count instead?
Hi all,
I was just curious what are the biggest assets according to market capitalization and made a table. Included are only top 20 GLBSE assets according to Total Volume traded, for each is calculated market capitalization based on total number of shares issued and 5 days average price. All is as of: GLBSETime 14:45, Wed May 30
I know it's not perfect, some of the assents haven't sold all shares from IPO yet, so the numbers might be misleading a bit. But still interesting. I was curious how much of the market share the Pirate related assets have taken in particular BTW, total market capitalization of these top 20 assets is 185704.31 BTC.
I will try to update this thread in future to see where the market will be heading. If anyone wants to elaborate on the data, go ahead
EDIT:
Here is the calculation based on number of shares from the dividend payments section.
I was just curious what are the biggest assets according to market capitalization and made a table. Included are only top 20 GLBSE assets according to Total Volume traded, for each is calculated market capitalization based on total number of shares issued and 5 days average price. All is as of: GLBSETime 14:45, Wed May 30
| No | Asset | Total Shares | 5 day average price | Market Capitalisation | % |
| 1 | YABMC | 150000 | 0.299 | 44850 | 24.15% |
| 2 | GIGAMINING | 20000 | 1.447 | 28940 | 15.58% |
| 3 | BITBOND | 44000 | 0.622 | 27368 | 14.74% |
| 4 | TYGRR.BOND-P | 17000 | 1.041 | 17697 | 9.53% |
| 5 | BTC-MINING | 10000 | 0.997 | 9970 | 5.37% |
| 6 | ZIP.A | 9930 | 0.803 | 7973.79 | 4.29% |
| 7 | PPT.E | 6000 | 1.179 | 7074 | 3.81% |
| 8 | MU | 10000 | 0.672 | 6720 | 3.62% |
| 9 | TYGRR.BOT | 7500 | 0.762 | 5715 | 3.08% |
| 10 | PUREMINING | 10000 | 0.422 | 4220 | 2.27% |
| 11 | TYGRR.BOND-B | 40000 | 0.1 | 4000 | 2.15% |
| 12 | COGNITIVE | 6400 | 0.594 | 3801.6 | 2.05% |
| 13 | PPT.C | 3000 | 1.232 | 3696 | 1.99% |
| 14 | PPT.D | 3000 | 1.202 | 3606 | 1.94% |
| 15 | PPT.A | 3000 | 1.062 | 3186 | 1.72% |
| 16 | FZB.A | 30000 | 0.092 | 2760 | 1.49% |
| 17 | TEEK.B | 2000 | 1.035 | 2070 | 1.11% |
| 18 | SS | 915 | 2.248 | 2056.92 | 1.11% |
| 19 | PPT | 36 | 0 | 0 | 0.00% |
| 20 | PPT.B | 3000 | 0 | 0 | 0.00% |
I know it's not perfect, some of the assents haven't sold all shares from IPO yet, so the numbers might be misleading a bit. But still interesting. I was curious how much of the market share the Pirate related assets have taken in particular
BTW, total market capitalization of these top 20 assets is 185704.31 BTC.I will try to update this thread in future to see where the market will be heading. If anyone wants to elaborate on the data, go ahead
EDIT:
Here is the calculation based on number of shares from the dividend payments section.
| No | Asset | Total Shares | 5 day average price | Market Capitalisation | % |
| 1 | GIGAMINING | 20000 | 1.447 | 28940 | 27.07% |
| 2 | BITBOND | 41101 | 0.622 | 25564.822 | 23.91% |
| 3 | YABMC | 40854 | 0.299 | 12215.346 | 11.43% |
| 4 | ZIP.A | 9930 | 0.803 | 7973.79 | 7.46% |
| 5 | TYGRR.BOND-P | 6808 | 1.041 | 7087.128 | 6.63% |
| 6 | TYGRR.BOT | 7326 | 0.762 | 5582.412 | 5.22% |
| 7 | PUREMINING | 10000 | 0.422 | 4220 | 3.95% |
| 8 | TYGRR.BOND-B | 38900 | 0.1 | 3890 | 3.64% |
| 9 | COGNITIVE | 6400 | 0.594 | 3801.6 | 3.56% |
| 10 | MU | 5000 | 0.672 | 3360 | 3.14% |
| 11 | TEEK.B | 1936 | 1.035 | 2003.76 | 1.87% |
| 12 | SS | 610 | 2.248 | 1371.28 | 1.28% |
| 13 | BTC-MINING | 910 | 0.997 | 907.27 | 0.85% |
| 14 | PPT.E | 0 | 1.179 | 0 | 0.00% |
| 15 | PPT.C | 0 | 1.232 | 0 | 0.00% |
| 16 | PPT.D | 0 | 1.202 | 0 | 0.00% |
| 17 | PPT.A | 0 | 1.062 | 0 | 0.00% |
| 18 | FZB.A | 0 | 0.092 | 0 | 0.00% |
| 19 | PPT | 36 | 0 | 0 | 0.00% |
| 20 | PPT.B | 0 | 0 | 0 | 0.00% |
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