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7.50% 4.3¢ delorean corporation limited

105m new shares would be approx. 33% dilution - not as bad as...

  1. tevye
    45 Posts.
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    30/05/23
    12:56
    Post #: 68033657
    105m new shares would be approx. 33% dilution - not as bad as 50% but still a crazy number.

    You calculate the dilution against total shares on issue after the raise, not prior. You get 50% dilution after doubling the shares on issue.
    DEL Price at posting: 3.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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