Manas Resources Shares float
What is the Shares float of Manas Resources?
The Shares float of Manas Resources Limited is 1.382B 50.07%
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 Manas Resources
What does Manas Resources do?
Manas Resources Limited engages in the acquisition, exploration, evaluation, and development of gold properties in Australia. Its principal properties include the Mbengué project that covers an area of approximately 400 square kilometers; Eburnea project; and Gonsan project comprising 3 exploration permit applications covering a combined area of approximately 1,000 square kilometers located in Côte D'Ivoire. Manas Resources Limited was incorporated in 2007 and is based in Mount Hawthorn, Australia.
Companies with shares float similar to Manas Resources
- Huarong Investment Stock has Shares float of 1.378B 75.91%
- PepsiCo has Shares float of 1.379B 99.82%
- Babylon Pump & Power has Shares float of 1.379B 119.81%
- Great Northern Minerals has Shares float of 1.380B 91.42%
- Repsol SA has Shares float of 1.380B 93.53%
- Repsol SA has Shares float of 1.380B 93.53%
- Manas Resources has Shares float of 1.382B 50.07%
- Eminence Enterprise has Shares float of 1.383B 65.03%
- Zephyr plc has Shares float of 1.384B 88.67%
- Brambles has Shares float of 1.385B 96.55%
- TELUS has Shares float of 1.386B 101.80%
- Arrow Minerals has Shares float of 1.388B 76.11%
- Brookfield Asset Management has Shares float of 1.389B 144.91%