Pokey, I think you are talking dilution and I was

Pokey, I think you are talking dilution and I was talking share price. If you get twice as many shares, and the price gets cut in half, you still have the same total account value. This is exactly what happened with the 11/2018 20 share dividend. However our "share" of the company after the dividend, only goes down by 9M shares divided by 78M (34.5 + 34.5 + 9), so 11.5%.

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.