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?
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Last
$9.67 |
Change
1.380(16.7%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $9.50 | $9.96 | $9.38 | $153.8M | 15.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 914 | $9.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.68 | 12000 | 2 |
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| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |