Audinate Shares float
What is the Shares float of Audinate?
The Shares float of Audinate Group Limited is 63.525M 82.56%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Technology sector on ASX compared to Audinate
What does Audinate do?
Audinate Group Limited develops and sells digital audio visual (AV) networking solutions worldwide. The company provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. It offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; and Dante Domain Manager, as well as Dante AVIO adapter, an audio networking solution. The company also provides Dante-enabled products; and various products to develop networked AV products, including chips and modules, IP Core, Dante application library, and reference designs. The company was founded in 2003 and is headquartered in Surry Hills, Australia.
Companies with shares float similar to Audinate
- Austerlitz Acquisition I has Shares float of 63.423M
- Triveni Engineering & Industries has Shares float of 63.437M 25.59%
- Mandalay Resources has Shares float of 63.437M 69.25%
- Mandalay Resources has Shares float of 63.437M 68.77%
- Fjordland Exploration has Shares float of 63.493M 85.02%
- Granite Real Estate Investment Trust has Shares float of 63.524M 99.72%
- Audinate has Shares float of 63.525M 82.56%
- Titan Mining has Shares float of 63.544M 45.72%
- SKRR Exploration has Shares float of 63.547M 90.04%
- SKRR Exploration has Shares float of 63.547M 100.35%
- Bitterroot Resources has Shares float of 63.548M 79.35%
- Zeus Resources has Shares float of 63.580M 29.01%
- Shanghai Haohai Biological Technology Co has Shares float of 63.624M 167.73%