Sunday, November 10, 2013

Facebook Economics IV

It has been a long time since I've looked at these shares, and the madness of the Twitter float has made me look back - I was pretty downbeat on them.  Give Facebook their due, it looks like they are working out how to advertise to mobile/small screen users.

So how about the shares?

There are 2.43 billion shared in circulation.

$47.53 dollars per share,  $115.50 bn market capitilsation

$38 dollars at floatation, indicating $92.34 bn value.

So an overall increase of $23.16 bn, a 25% rise in value.

Steady progress I say, and compared to Twitter this almost looks like a sensible business now...

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