If a company's worth is its stock price times the number of shares issued, why not just issue enough shares with a lower price so that more people can buy?
Like, why have Google's share price set at $1000 a share with 1,000,000 shares issued instead of at $1 a share with 1,000,000,000 shares issued?
If there's a better place for one to ask such questions, please let me know. Just trying to learn about the economic system under which I live, which wasn't taught much in school (ironic since school is supposed to prepare one for the "working world," right? But I digress...)
Thanks ahead of time!
Submitted January 23, 2017 at 03:57AM by tjmac http://ift.tt/2kiQGKn
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