I hear what you saying but company value does increase also. It increases by the amount of cash raised which then is 1 to 1 with dilution maintaining company value to shares on issue. There for company value goes up with shares being diluted hence it cancels each other out and share price is valued the same?
Ann: Trading Halt, page-50
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $7.923M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $18.42K | 8.236M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 21276626 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14394965 | 19 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CDE (ASX) Chart |