Agree, but let’s say an investor has 1 m PIQ shares and currently 110m on issue to make this illustration easy.
if Market Cap goes to $1billion you have 1/110 times $1billion or $9m
if they issue another 20m shares you now have 1/130 times $1billion or $7m .
This dilutes end result big time . $7m versus $9m.
I cannot stand successive cap raises as it dilutes you big time in the end. ( More so than one thinks )
Agree, but let’s say an investor has 1 m PIQ shares and...
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Last
$1.05 |
Change
-0.005(0.48%) |
Mkt cap ! $136.7M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.05 | $83.77K | 79.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 130747 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.005 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $1.07 | $1.07 | $1.05 | 13439 | ||
| Last updated 15.39pm 16/05/2024 ? | |||||
| PIQ (ASX) Chart |