Hi. Guys,
sorry I’m a little new to investing, can someone tell me why is the stock price going up when the company has diluted the market with new shares, wouldn’t it drop by the amount of shares that are newly issued?
thanks
Ann: NAB announces results of Share Purchase Plan Offer, page-70
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Last
$37.24 |
Change
-0.450(1.19%) |
Mkt cap ! $115.1B | |||
| Open | High | Low | Value | Volume |
| $37.15 | $37.30 | $37.10 | $237.5M | 6.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22438 | $37.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.25 | 150 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |