re: share purch plan.......kincella see how the dilution...

  1. 17,117 Posts.
    re: share purch plan.......kincella see how the dilution works
    for eg; they have zinc sales of 23 mill / 431 mill shareholders = .058 cents per share
    now adding another 90 million new shares and spp
    same 23 mill/ 421 mill shareholders = .047 cent per share

    so the difference is .011 cents per share less now
    thats not too bad is it
    of course we are anticipating say 100 mill in sales soon
    equates to .192 cents per share, and we the shareholders funded the extra money required to make it all happen, not the banks, so we get to share in the increased profit
    well that is how it is supposed to work
    cheers
 
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