Tian Poh Resources Shares float
What is the Shares float of Tian Poh Resources?
The Shares float of Tian Poh Resources Limited is 38.752M 10.03%
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 Tian Poh Resources
What does Tian Poh Resources do?
Tian Poh Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Mongolia. It focuses on the exploration of coal, copper, and gold deposits. The company owns a 100% interest in two mining concessions, including the Nuurst thermal coal project located to the south east of Ulaanbaatar. It also has nine exploration licenses located in the mineral provinces of Southern Mongolia. The company's concessions are grouped in five project areas covering an area of approximately 125,000 hectares. Tian Poh Resources Limited was incorporated in 2014 and is based in Singapore.
Companies with shares float similar to Tian Poh Resources
- DP Eurasia NV has Shares float of 38.694M 26.62%
- Eris Lifesciences has Shares float of 38.716M 28.48%
- Blue Star has Shares float of 38.717M 40.20%
- Aareal Bank AG has Shares float of 38.719M 64.69%
- Aareal Bank Ag Z.Verk has Shares float of 38.719M
- ISMT has Shares float of 38.745M 26.45%
- Tian Poh Resources has Shares float of 38.752M 10.03%
- Claranova SA has Shares float of 38.753M 84.71%
- AUX Resources has Shares float of 38.764M 71.59%
- Jaywing plc has Shares float of 38.776M 41.50%
- Bharat Road Network has Shares float of 38.781M 46.19%
- Sunflag Iron and Steel has Shares float of 38.796M 21.53%
- Jaeger Resources has Shares float of 38.796M 67.52%