I take it you mean the equity funding. They obtain money at no interest from a fund manager, who at a later date converts the loans into equity. The equity is issued by the company therefore reducing or diluting everbody elses shares ( eg if the company had 100 shares on issue, and they then issue 10 more shares, a person who originally owned 100 shares or 10 % of the company, would still own the 10 shares ,but only own the 9.095 of the company.)
As far as i can see this means we all have to take a hit for past bad managment. if things go well and the money is used to expand the value of the compant, we are better of, if not we are probably no worse of than we are today.
- Forums
- ASX - By Stock
- ECT
- what does minor dillution actully mean
what does minor dillution actully mean, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $12.06K | 4.021M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 26114353 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 3067969 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 26114353 | 0.002 |
16 | 29469024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 3067969 | 3 |
0.004 | 10526161 | 14 |
0.005 | 5563122 | 30 |
0.006 | 5261067 | 11 |
0.007 | 2628334 | 7 |
Last trade - 13.24pm 26/07/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |