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SPDR S&P 500 ETF Message Board

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  • matthew_and_january matthew_and_january Nov 16, 2011 8:36 PM Flag

    can some answer this question seriously...

    Well, it appears that only 1.3 million of the 8.75 million shares they are selling will add to the share count, as most the the shares sold are cashing insiders. So if the share could is only going up by 1.3 million, that's only about 15% dilution, and that has probably already been priced in over the past week. Additionally, the lead bank on a secondary equity offering will typically support the price at or above the issue price the few days after issuance.

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