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26/11/21
22:14
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Originally posted by kwerk:
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It supports the company by providing it capital to continue operations. This is obvious and does not really even warrant an answer. It dilutes the shareholders, which are not the company. A capital raise always benefits the company balance sheet. In fact, I'd way prefer dilution via a capital raise issued to retail shareholders compared to the wanton issuing of shares via perfromance rights etc.
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Thank you, I was going to say the exact same. To the other point, participating in the SPP, or getting in on market at 0.9c, could offset any dilution to the shareholder and then some. For those that don't want to contribute additional funds to the company's they invest in then don't own unprofitable, early stage companys.