Iron Road Shares float
What is the Shares float of Iron Road?
The Shares float of Iron Road Limited is 180.737M 22.72%
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 Iron Road
What does Iron Road do?
Iron Road Limited explores for and evaluates iron ore properties in Australia. It owns 100% interest in the Central Eyre iron project located on the Eyre Peninsula of South Australia; and 90% interest in the Gawler iron project located in South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of Sentient Executive GP IV, Limited.
Companies with shares float similar to Iron Road
- Genesis Resources has Shares float of 180.234M 23.02%
- Ramsay Health Care has Shares float of 180.372M 78.81%
- Euro Sun Mining has Shares float of 180.439M 103.17%
- Blaze International has Shares float of 180.494M 52.32%
- Powerlong Commercial Management has Shares float of 180.591M 28.09%
- Powerlong Coml Mgmt Hldg Ltd has Shares float of 180.591M 28.09%
- Iron Road has Shares float of 180.737M 22.72%
- ECN Capital has Shares float of 180.846M 74.10%
- Speedcast International has Shares float of 180.966M 75.48%
- GFL Environmental has Shares float of 181.094M 56.36%
- Vinco Ventures has Shares float of 181.211M 77.73%
- Sunfonda has Shares float of 181.266M 30.21%
- Yongsheng Advanced Materials has Shares float of 181.271M 24.75%