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A share offering doesn't make existing stockholdings worth less. Usually, they benefit, because it gives the company increased working capital to invest in pro
by scatters 6y ago
A share offering doesn't make existing stockholdings worth less. Usually, they benefit, because it gives the company increased working capital to invest in projects.
- ric2b 6y agoIt (in theory) doesn't reduce the _market cap_, but it reduces the voting power of existing stockholdings and that is certainly bad for those shareholders.