CAY 3.23% 15.0¢ canyon resources limited

Ann: Appendix 3B - 30,000,000 Shares, page-2

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  1. 978 Posts.
    lightbulb Created with Sketch. 50

    Just out of interest, how is an announcement that dilutes shares by approx 7.5% not price sensitive?


    Surely if MC stays constant, the SP would drop by the equivalent amount (never happens fully) and would therefore be price sensitive.


 
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