There will absolutely be an increase in AS coming. It's normal and expected. But it's not necessarily dilution. Dilution only occurs when shares are issued without increasing value of the company. If the issuance of shares results in an increase in EPS, then that is accretion, not dilution. Most acquisitions are accretive for shareholders. Meaning short term pain for long term gain. That's how companies, especially new companies in emerging markets, grow. Consider if you issue 100M shares and the market cap increases by 200M as a result of increased profits, what is the downside to that?
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