Dilution is occurring but the ASX200 funds have to carry a certain weight of each company based on market cap.
More shares on issue but bigger market cap
Not much volume to be created by it in this instance but a few extra on the buyside to balance out the weightings.
I would still not get over confident of it holding above $6 until after this week but this should be a great returner overt the next 3-5 years (hopefully much longer).
TPM Price at posting:
$6.02 Sentiment: Buy Disclosure: Held