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Appreciate the response! I was referring to the cartoon, though - it's clear why the president/board would want this (capital to expand), but less so why the ex
by phnofive 5y ago
Appreciate the response! I was referring to the cartoon, though - it's clear why the president/board would want this (capital to expand), but less so why the existing shareholders would (presumably, in context, increased future value or dividends).