The issuance of an extra new 100 millon shares will only dilute the price by half a cent.
Present situation: 111.1 million Dollars capital divided by 766 million shares = 14,5 cent per share
New situation: 121.1 million Dollars capital divided by 866 million shares = 13.98 cent per share.
correct me if i’m wrong . Maths was not my strongest subject at school.
All is well
The issuance of an extra new 100 millon shares will only dilute...
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $134.6K | 811.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 945217 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1839573 | 27 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |