MNE 5.26% 3.6¢ metallum limited

Ann: Binding HOA to acquire FinTech company Squirel Limited-MNE.AX, page-31

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  1. 144 Posts.
    Your comment makes no sense. Share prices do not get diluted. Voting power gets diluted. If I have a business with 1 share and worth $1 and I own 100% of it I'm worth $1. Now if I raise $1 by issuing someone else a share I have a business worth $1 and $1 cash and I own 50% of it I'm still worth $1.

    This looks like a really good deal to me.

 
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