" Can someone help me work this out.If they sold $250 mill worth of stock at $1.50 this equates to almost 167 million new shares. Current shres on issue are 198 million, which means the current dilution would equate to a SP drop to $1.90!!!Is this for real? "The pay I do the maths:Previous position:- Shares 198M- Share price $3.50- Market Cap $693MNew Position- $693M (Old Market Cap) + $250M (New equity) = $943- Shares on issue 198M + 168M = 365M- Predicted Share price = $2.58
Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor
History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025
ACW This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game
