Correct
Also another way to look at the reduction in share price (and hence the value of your investment) via dilution is below
Based on the assumption the overall value of the "pie" (read market cap) doesn't change when the additional shares are issued
Note numbers are for simple example purposes only
Correct Also another way to look at the reduction in share price...
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 (20min delay)
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Last
8.9¢ |
Change
0.003(3.49%) |
Mkt cap ! $160.4M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 9.5¢ | 8.7¢ | $337.1K | 3.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 478324 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
8.9¢ |
Change
0.003 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 8.8¢ | 9.4¢ | 8.7¢ | 885298 | ||
| Last updated 15.53pm 29/05/2024 ? | |||||
| 4DS (ASX) Chart |