Member Info for inanaco

chicken and egg ..... chicken being Scancell and the egg the result of feeding ..

if you don't feed the chicken ......... no egg

chicken dies and no sunny side up ...

oh no ............ not a Dick pullar Algo ...

lol .......... another Rucks math test

hardly ... they have never been correct .......... Ruck

yes but you have now added a prediction ..................

that is statistics of a future event

the cash call was today ...

any deal done by scancell is based on an average ............. that average over the last 3 weeks is about 5.5p .......... the fact the sp is higher because of volatility is irrelevant because the new shares are effectively priced in on the day of issue ...

wikipedia

If the new shares are issued for proceeds at least equal to the pre-existing price of a share, then there is no negative dilution in the amount recoverable.

reminds me of this .........

Cosmological constant problem

what ever you do to one side you have to apply to the other ....

you cannot have a one sided equation that never balances .... 1 = 2 .... No ...

to be diluted = a loss ...

to own less of a bigger company ... = nulled out equation

Moljen ... Rats and Myself have explained ... the maths works ....

if you feel you have been diluted ... that is ok ...

everyone is happy ..

sorry rats i was typing the same ... yes you are correct ...

weighted lol

If there are 100 shares in a company and you own 2 of them, you own 2 percent of the company.
If the company then doubles the number of shares in issue, you still own 2 shares, but there are twice as many in circulation. You now hold one percent of the company. This is dilution.

you hold two shares in a company and the average waited price is 5.5p the company has a value of 11p or each share 5.5p x 2
the company then issues two more shares and raises 5.5p per share giving the company 11p and the share still trades above or at that issue price ...

we now have 4 shares ................. but the company has now a Mcap of 22p ......

no party has suffered a loss ..............

i do not think you can call me an idiot .... when you post

""" So you may have a point"""

again .... the company are not issuing shares at zero value .......... which would give you a huge loss rats

which = . If the new shares are issued for proceeds at least equal to the pre-existing price of a share, then there is no negative dilution in the amount recoverable.

show me the maths Ruck ...

""" So you may have a point"""

I do ......... and you cannot explain how to escape that ...

so a share spilt dilutes does it ?

which brings this post into play .............

inanaco

Posts: 31,981

Price: 6.60

No Opinion

RE: Dilution?Today 19:07
take the moving average .......... 30 june until July 17th .......... exactly the period scancell set the price in negotiation .... 5.5p ....

look at the graph .....