Thread: STOCK MARKET Thread
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Old 02-02-2012, 12:53 PM   #6576
Jermyzy
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Quote:
Originally Posted by AME_VIP View Post
After market close, Bank of Nova Scotia announced it will issue 30 million shares at $50.25 a share (3.1% discount). What will happen to the share price? Will shares be diluted and cause the share price to drop?

Bank of Nova Scotia could raise $1.65B with share offering | FP Street | News | Financial Post
Yes, that's my understanding of it, and today's price drop reflects that
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