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...
Sunday, November 10, 2013
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