its called shares Dilution you own 10% of a company CR of 650 million on top of 924 million now you only own 6% . .
The market cap is at 3.7 million dollars with 924 million shares come march the market cap won't change but 650 million share will be added to that 3.7 million dollars cap that's about 40% more shares with the same market cap so what would be the share price .
will it be less than today or higher .Anyone with an idea how the share market works can understand my statement.
This doesn't affect me or long timers that purchase or had the opportunity to buy @ 0.003 recent CR .
- Forums
- ASX - By Stock
- AO1
- Ann: Notice of Initial Substantial Holder -Ogee Australia Pty Ltd
Ann: Notice of Initial Substantial Holder -Ogee Australia Pty Ltd, page-6
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AO1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.947M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AO1 (ASX) Chart |
Day chart unavailable