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Just can't catch a break, can ya, Capita? Shares tumble 40% amid yet another profit warning

Anonymous Coward
Anonymous Coward

I'm not sure that this is correct. If they issue £700m of new shares, then their cash position increases by £700m. The balance sheet just shows a movement between assets and capital. It shouldn't in itself, have a significant affect on the valuation of the company. Hopefully some bean counters / abacus jockeys on here can confirm...

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