Skattie,before you rush out and buy more BKP shares @ $0.005
via new issue participation,please study the following:-
Shares on issue= 2,045,655,046 @$0.005=$10,378,275
New shares to be issued= 518,913,761
Total Shares on issue=2,594,568,807 @$0.005=
$10,378,275(CV), divided by 2,594,568,807=$0.004.C.M.V.
As you can see, the capital value of BKP has not increased, (and why should it?),it remains the same as per pre-issue.
In other words, the same size pie, has to be divided into a greater number of slices
EACH AT A LESSER CAPITAL VALUE!!
If you wish to avoid dilution of capital,then recover the outstanding loans,reduce directors emoluments and finance the up-coming field works internally...
Skattie,before you rush out and buy more BKP shares @ $0.005via...
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Last
3.6¢ |
Change
-0.004(10.0%) |
Mkt cap ! $20.80M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.5¢ | $35.84K | 995.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 510000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 398579 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CND (ASX) Chart |