Yeah?
Simply, the shares are worth more if there are less of them.
If FDA approval is given them the SP will rise and people will start to apply value. Fair value will be calculated using the number of shares on offer.
It's not that complicated. Dilution is not a theory.
Ann: Change in substantial holding, page-65
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Last
$1.11 |
Change
0.010(0.91%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.11 | $1.07 | $4.794M | 4.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14500 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 141676 | 5 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |