Shares on issue has increased by 52%, while the project's future earnings has not changed. So future earnings per share is now 52% lower. In my view this is a massive dilution.
Consolidation does nothing - number of shares on issue goes down while the share price goes up in the same proportion.
Ann: Ausgold raises $38M to accelerate development of the KGP, page-26
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $91.15M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.3¢ | $225.0K | 6.645M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 296923 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 593994 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| AUC (ASX) Chart |