Advance Nanotek Shares float
What is the Shares float of Advance Nanotek?
The Shares float of Advance Nanotek Limited is 17.838M 29.16%
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 Materials sector on ASX compared to Advance Nanotek
What does Advance Nanotek do?
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.
Companies with shares float similar to Advance Nanotek
- N1 has Shares float of 17.800M 21.83%
- Freeline Therapeutics plc has Shares float of 17.801M 49.70%
- Bessor Minerals has Shares float of 17.801M 85.64%
- VARTA AG has Shares float of 17.802M 44.04%
- AirBoss of America has Shares float of 17.817M 65.76%
- Nordic Waterproofing A/S has Shares float of 17.830M 74.03%
- Advance Nanotek has Shares float of 17.838M 29.16%
- Sathavahana Ispat has Shares float of 17.841M 35.05%
- LKP Securities has Shares float of 17.854M 24.15%
- ASIT Biotech S.A has Shares float of 17.857M 81.57%
- VIQ Solutions has Shares float of 17.861M 75.71%
- 4D Molecular Therapeutics has Shares float of 17.862M 55.14%
- Anglo-Eastern Plantations Plc has Shares float of 17.867M 45.08%