SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (27234)1/6/1999 1:55:00 PM
From: LLCF  Read Replies (1) | Respond to of 32384
 
<You are correct, and you don't need me or anyone to confirm this. Wondered why some thought, think, selling more shares at $5.5 is not dilution. Did not bother to post, my thoughts.>

Because the warrants were already outstanding... if they float more (ala the convertible bond issue!) then its dillutive. Exercising warrants does not dilute in reality.

DAK



To: aknahow who wrote (27234)1/6/1999 4:58:00 PM
From: dwc  Read Replies (1) | Respond to of 32384
 
Most earnings per share calculations use what is called 'fully diluted shares' which assumes exercise of options and conversion of warrents. While the transaction probably did increase shares, it was already factored in.