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
$14.26 |
Change
-0.040(0.28%) |
Mkt cap ! $14.15B | |||
| Open | High | Low | Value | Volume |
| $14.44 | $14.46 | $14.19 | $51.40M | 3.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28856 | $14.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.28 | 3000 | 1 |
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| Last trade - 16.21pm 16/09/2025 (20 minute delay) ? |
| LYC (ASX) Chart |