Seriously can anyone have a more frustrating discussion. 31% dilution is comical. Basically you are assuming SEA issued 31% new shares and received nothing for the shares.
Let's give a simple example : 2 people with assets of $100 each merge meaning there are now 2 people with assets worth $200. This is NOT dilution.
SEA bought an asset for shares. Most commentators believe those assets were cheap relative to the number of shares issued = ACCRETION. But even simplistically assume both SEA was fair and TXN was fair = NO DILUTION....
DILUTION would ONLY occur if you issued shares for something worth less than the shares issued...........
SEA LOOKS GREAT. THESE GUYS ARE GREAT DEAL MAKERS AS SEEN WITH SOUTH ANTELOPE
SEA Price at posting:
$1.01 Sentiment: None Disclosure: Held
