More growth. Dilution for the right reason is good. What is better. 20/4 or 30/5?
If you use the top number as revenues and profit, and the bottom number by shares (To get a PE, or PR) then "diluting" form 4 to 6 doesn't seem all that bad. After all, with "4" shares outstanding, the value is 5. But with "5" shares outstanding, the value per share is 6.
Get it?
So not all dilution is bad.