What don't you understand about it?
They're giving out shares in the company at a rate that is lower than what I value it at.
Yes the company increases in value, but on a per share basis it is less than the original per share value.
Capital Raising Dilution, page-11
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Last
$2.07 |
Change
0.080(4.02%) |
Mkt cap ! $1.563B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.08 | $2.00 | $16.21M | 7.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 88839 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 69643 | 15 |
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