Lepidico Shares float
What is the Shares float of Lepidico?
The Shares float of Lepidico Limited is 5.719B 74.87%
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 Lepidico
What does Lepidico do?
Lepidico Limited engages in the exploration, development, and production of lithium chemicals in Australia and internationally. The company operates through two segments, Mineral Exploration and Technology. Its technologies include L-Max technology, a hydro-metallurgical process for processing lithium mica slurry; S-Max that produces amorphous silica from a range of mica minerals, including lithium micas; and LOH-Max process, which produces high purity lithium hydroxide from lithium sulphate. In addition, it holds an 80% interest in the Karibib project located within the Karibib pegmatite belt in central Namibia in southwestern Africa. Lepidico Limited has a strategic collaboration with Cornish Lithium Ltd to focus on the development of a lithium chemical manufacturing center. The company was incorporated in 1979 and is based in Belmont, Australia.
Companies with shares float similar to Lepidico
- Iberdrola SA has Shares float of 5.670B 90.41%
- Iberdrola SA has Shares float of 5.670B 90.41%
- Telefónica SA has Shares float of 5.695B 98.61%
- Telefonica, S.A has Shares float of 5.695B 98.61%
- Zoomlion Heavy Industry Science and Technology Co has Shares float of 5.703B 360.50%
- Li & Fung has Shares float of 5.704B 66.80%
- Lepidico has Shares float of 5.719B 74.87%
- Legal & General Plc has Shares float of 5.720B 95.77%
- Geely Automobile has Shares float of 5.752B 57.42%
- Geely Automobile has Shares float of 5.759B 57.27%
- Orient Securities has Shares float of 5.767B 561.53%
- Microsaic Systems plc has Shares float of 5.794B 95.35%
- Yes Bank has Shares float of 5.810B 23.19%