LNY 0.00% 0.6¢ laneway resources ltd

Hi tomato, At 29 Oct 2017, the Company had 3,060,666,527...

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  1. 1,991 Posts.
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    Hi tomato,

    At 29 Oct 2017, the Company had 3,060,666,527 ordinary shares on issue.

    At COB 30 Oct 2017, the company has 3,169,690,556 ordinary shares on issue.

    Example - if you hold 2,000,000 shares

    At 29 Oct 2017 - 2,000,000/3,060,666,527 x 100 = 0.0653% (i.e. you hold 0.0653% of issued capital).
    At 30 Oct 2017 - 2,000,000/3,169,690,556 x 100 = 0.0630%
    Dilution = 0.0023%

    Only if you held every share in the company (i.e. 3.169bil), would your dilution be 3.56%.

    The more shares you hold, the greater your dilution.
    Stephen Bizzell - 1,099,902,623
    Rick Anthon - 72,782,866
    Mark Baker - 150,394,976
    Paul Marshall - 100,000,000
 
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Currently unlisted public company.

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