RE: Friday RNS Anyone.23 Nov 2023 22:21
If you are buying the whole company, you are buying the whole company regardless of how many shares are in issue, dilution has no effect
if you are buying a % to get a share majority / trigger hostile takeover possibilities - the number of share in issue is still irrelevant, dilution has no effect
dilution only affects you for the shares you already own - which is why on the previous dilution canmax had to buy more shares - just to remain at the same percentage - so you could argue that it could actually cost canmax MORE as they would have to buy shares just to get back to their existing % before they then start buying further to make a hostile move
if you had said the lower the SP goes the cheaper it is for canmax, you would have had a point - but such an obvious point it would not need to be stated