Wrong. It depends on what the money raised is put to. If it allows the company to invest more and hence earn more profit to distribute. Under your assumption the company should sell all assets and buy back its shares.
Captital Raising, page-40
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Last
$4.47 |
Change
-0.020(0.45%) |
Mkt cap ! $5.569B | |||
| Open | High | Low | Value | Volume |
| $4.41 | $4.48 | $4.41 | $4.448M | 1.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34958 | $4.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.47 | 21643 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| HVN (ASX) Chart |