HVN 1.09% $4.53 harvey norman holdings limited

Captital Raising, page-40

  1. 160 Posts.
    lightbulb Created with Sketch. 39
    Wrong. It depends on what the money raised is put to. If it allows the company to invest more and hence earn more profit to distribute. Under your assumption the company should sell all assets and buy back its shares.
 
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