Originally Posted by
rickair7777
No, I don't think the debt is trivial. I was commenting about presentation of info.
The number of outstanding shares graph doesn't mean much if you don't know the authorized number. 420M to 640M might be a shift from 5% outstanding to 8% outstanding. Or it could be shift from 65% outstanding to 100%. Also matters what % of the total company equity is actually authorized.... if it's 20%, then no biggy even if it's all outstanding (I know AA is higher than that, it's just an example).
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But if the issue is share dilution, which it was, going from 420 to 640 really tells you all you need to know since share dilution is a proportion, not an absolute value.
Also the graph scale is shifted up from the zero, so at first glance it looks like a bigger jump than it is.
And clearly, since you were able to read the numbers, the shifted baseline of the graph was no big impediment to get the information across.