Shares on issue has increased by 52%, while the project's future earnings has not changed. So future earnings per share is now 52% lower. In my view this is a massive dilution.
Consolidation does nothing - number of shares on issue goes down while the share price goes up in the same proportion.
Ann: Ausgold raises $38M to accelerate development of the KGP, page-26
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45.0¢ |
Change
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Mkt cap ! $160.3M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 42.5¢ | $275.0K | 623.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3703 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 45556 | 6 |
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