If you own 10 shares in a company with 100 issued shares, then,yes,you DO own 10%, of the Company.
Excellent mathematics!!
However,IF the Company issues a further 100 shares, increasing the issued capital to a TOTAL of 200 shares, and you,dear punter, still hold a mere 10 shares, then, at that point you do, without argument, hold a miserly 5% of the issued capital....
So you started of with 10% and finish with 5%,and you believe that you are no worse off?
Sure as hell looks and smells like DILUTION to me!!
No bloody wonder Boris can continue to milk the punters!!
Perhaps you SHOULD read post# 9816592!
- Forums
- ASX - By Stock
- CND
- positive outlook
positive outlook, page-31
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CND (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
0.004(14.3%) |
Mkt cap ! $18.49M |
Open | High | Low | Value | Volume |
2.7¢ | 3.5¢ | 2.7¢ | $78.30K | 2.603M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 640000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.031 |
1 | 150000 | 0.030 |
1 | 17275 | 0.029 |
2 | 205000 | 0.026 |
1 | 1000000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 550000 | 3 |
0.039 | 66666 | 1 |
0.040 | 350750 | 2 |
0.044 | 313333 | 2 |
0.046 | 127000 | 1 |
Last trade - 15.40pm 09/08/2024 (20 minute delay) ? |
Featured News
CND (ASX) Chart |