Yes indeed the market valuation/market cap should ordinarily remain the same, but the stock price would be lower as the valuation is: stock price x shares issued. As shares issued go up, the stock price needs to go down to maintain the same company value. Hope that makes sense. The companies valuation stays the same, it's just the current shares that get diluted, and thus the share price typically falls (rather than anything to do with the companies valuation). Cheers.
YPB Price at posting:
1.0¢ Sentiment: None Disclosure: Not Held