How is the share diluted? If a company has 1 million $1 shares it's worth $1miion dollars. If it then adds another million shares and the share price stays at a dollar it's a $2 million company. And someone selling shares they owned prior to the CR still gets the same amount.
Am I missing something?
spp paticipents, what you wish for now??, page-20
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Last
$7.41 |
Change
-0.260(3.39%) |
Mkt cap ! $6.926B | |||
| Open | High | Low | Value | Volume |
| $7.59 | $7.65 | $7.35 | $14.69M | 1.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50820 | $7.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.42 | 34591 | 3 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |