› added 1 year ago

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TIL that stock dilution is the decrease in existing shareholders' ownership percentage of a company as a result of the company issuing new equity. New equity increases the total shares outstanding which has a dilutive effect on the ownership percentage of existing shareholders.

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d51d TIL that in the UK people who need a guide dog can obtain one for 50p; it costs around £50k to train and support that same dog from birth to retirement.
P9oe TIL a plane crashed into the Everglades killing 101 people because the crew was too distracted from changing a light bulb to notice that no one was actually flying the plane
pxeN TIL In 1987, the US Army’s Night Stalkers stole an Russian attack helicopter from a desert in Chad
b9QG9 TIL In 1947 2,400 tons of the material responsible for the Beirut explosion(ammonium nitrate) exploded in Texas resulting in 500 people dead and a 15ft tidal wave.
lox81 TIL Egypt is building a new capital city as a replacement for Cairo. The city is being developed to have a "smart traffic" system and a green space larger than New York's Central Park. They haven't picked a name yet.