Sorry, but I'm sticking to my guns on this one. I am saying that we don't know for certain if there has or not.
Here's my reasoning:
Start out with 100 shares, and a company that is capable of generating x EBIDTA. If you double the OS to 200, and also double the EBIDTA to 2x, there is NO dilution, just a bigger pie.
To think that you should be entitled to 2x EBIDTA without a corresponding increase in shares when the company was NOT capable of it is like looking for a free lunch, or getting something for nothing.
But then that only makes sense when looked at, IMO.
Market Data 
Markets 
AI
