Agree, but let’s say an investor has 1 m PIQ shares and currently 110m on issue to make this illustration easy.
if Market Cap goes to $1billion you have 1/110 times $1billion or $9m
if they issue another 20m shares you now have 1/130 times $1billion or $7m .
This dilutes end result big time . $7m versus $9m.
I cannot stand successive cap raises as it dilutes you big time in the end. ( More so than one thinks )
Agree, but let’s say an investor has 1 m PIQ shares and...
Add PIQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.09 |
Change
0.040(3.81%) |
Mkt cap ! $140.7M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.09 | $1.05 | $132.2K | 124.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1718 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 8221 | 1 |
View Market Depth
| Last trade - 14.28pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.09 |
Change
0.040 ( 3.33 %) |
||||
| Open | High | Low | Volume | ||
| $1.07 | $1.10 | $1.05 | 30351 | ||
| Last updated 15.03pm 06/05/2024 ? | |||||
| PIQ (ASX) Chart |