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Posted On: 07/05/2019 12:27:21 PM
Post# of 36566
Hi rjs, so let's put some numbers to it...
34.5M shares goes to 69M shares, plus an addi' 9M, so 78M total.
9M divided by 69M is 13.04%. Let's say the price is $10 before the dividend, so 34.5M x 10 is $345M. After the dividend we have the same $345M market cap divided by 78M shares, is $4.42/share instead of $5. So we are getting 88% of our value, or a 12% dilution. That's all.
34.5M shares goes to 69M shares, plus an addi' 9M, so 78M total.
9M divided by 69M is 13.04%. Let's say the price is $10 before the dividend, so 34.5M x 10 is $345M. After the dividend we have the same $345M market cap divided by 78M shares, is $4.42/share instead of $5. So we are getting 88% of our value, or a 12% dilution. That's all.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
