RE: Price Up or Down Tomorrow?28 Apr 2021 08:30
Quady,
You are wrong, this is dilution, the placing price is lower than the SP so add the values together, add the shares together, divide them by two and you will have a higher share count and a lower SP.
If the share price stays the same, moves up of down that is market forces not mathematics.
Percentage wise it's only 10% at 11% discount so will make 1.1% of difference in value.