If the company increases the number of shares through a split that is not dilution because it doesn't really mean anything.
如果公司通过股票分割来增加总股数,这不是摊薄,因为没有发生实质性变化
But it's absolutely essential--so the shares only mean something as a relation to their total number of shares.
这是十分必要的,所有股票只有在,和总体股本数量联系起来看时才有意义
It's just reminiscent of a previous program 9 9 9 or a previous function the number 9, 9, 9 so what does that really mean?
它提醒之前的程序,或者之前的函数,那个数字,那其实表示的是什么呢?
Well, the figure I saw last was a number too small to be mentioned; I mean, to say you just can't really say how much it is, but all right, two percent.
这个数字简直,小的可忽略了,我的意思是说你实在说不出精确地数字,但实际上只有2%左右
Again, just to make this relevant to you, I mean this is very stylized of course, but a huge number of businesses out there are partnerships and do have this kind of profit sharing rule and do have synergies.
为了帮助大家理解,我的意思是这确实有点程式化了,但是现今大多数企业都是合资企业,他们都类似分配利润分配并且协作
If it moves a lot--either way from the mean-- then this number squared is a big number.
如果距离均值的变动很大,那么这个平方数也会很大
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