My 5 cents: issuing of $20m worth of shares at a 20% premium is accretive. For example:
Company has $20m more dollars in the bank = company is valued at $20m more today than yesterday.
Say a company was worth $100m yesterday with a share price of $100 = 1m shares on issue.
$20m worth of new shares were issued at a price of $1.20 = 166,667 new shares
Total shares on issue is now 1,166,667 and new market cap is $120m.
So - new share price is 120m / 1,166,667 = $102.86.
Share price has gone up by 2.86%, therefore the issue was accretive.
By it's very nature issuing of shares at a premium is accretive, issuing at a discount is dilutive.
- Forums
- ASX - By Stock
- MSB
- Ann: MSB Enters Into Cardiovascular Alliance For China With Tasly
Ann: MSB Enters Into Cardiovascular Alliance For China With Tasly, page-114
-
- There are more pages in this discussion • 179 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.25 |
Change
0.035(2.89%) |
Mkt cap ! $1.421B |
Open | High | Low | Value | Volume |
$1.21 | $1.25 | $1.18 | $4.096M | 3.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22000 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 36989 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22000 | 1.240 |
2 | 45159 | 1.235 |
4 | 42275 | 1.230 |
1 | 15746 | 1.225 |
5 | 56349 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 36989 | 4 |
1.250 | 118007 | 15 |
1.255 | 236249 | 7 |
1.260 | 440345 | 9 |
1.265 | 67045 | 4 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
MSB (ASX) Chart |