Actually there is no dilution, the shares are being issued at a premium to the current share price (A$0.315 vs A$0.235) and for cash on a traded market.
There would only be a perceived dilution if you value the shares now yourself at a price higher than A$0.315. The dilution would then be the difference between A$0.315 and your perceived value of the shares, over total SOI.
Therefore the perceived dilution would be a rounding error unless your own personal valuation of the shares is substantially higher than A$0.315. It’s not 3%. These CR shares would need to be issued at zero for a 3% dilution.
Ann: C$50m Raising to Advance Quebec Lithium Projects, page-102
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.8¢ |
Change
0.003(8.57%) |
Mkt cap ! $391.1M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.8¢ | 3.4¢ | $2.071M | 57.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 577371 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 6055656 | 36 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |