PLS 0.69% $2.90 pilbara minerals limited

Ann: Pilbara Minerals Reaches Agreement with Mineral Resources,MIN-PLS.AX, page-211

  1. 1,167 Posts.
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    Sorry I know it's been done but I wanted to show my working out, as I was taught in school.
    $50m worth of new shares
    Total existing shares: 1,150,363,343
    Added amount: 50,000,000/0.48=104,166,667
    New Total: 1,254,530,010
    Dilution: 104,166,667/1,254,530,010=8.3%
 
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