Ilungelo lokuzikhethela lilungelo labanikazi abanini-mali abakhoyo benkampani ukuba baphephe ukuhluthwa ngokungathintekiyo kwintengo yabo yobunini ngokubanika ithuba lokuthenga inzala enomlinganiselo kwanoma yikuphi ukukhishwa kwesitoktho esifanayo .
Ilungelo lokuchithwa kwe-anti-dilution liye labizwa ngokuba yi-subscription ilungelo okanye ilungelo lokuthenga. Ngenxa yokulula, yintoni oku kuthetha ukuba ilungelo likuvumela ukuba ugcine iphesenti efanayo yobunikazi besitokisi esifanayo ngokuthenga izabelo ezintsha phambi koluntu jikelele.
Ilungelo lamalungelo okuthintela njani
Imizekelo embalwa inokukunceda kakhulu ukuqonda indlela amalungelo okulungisa angayichaphazela ngayo iimpahla zakho
- I-Terra Firma Coffee Inkampani ineempahla eziyi-100 zesitokisi esiphezulu. Unayo i-10 yalezi zabelo okanye i-10% yenkampani yonke. Ukuphakamisa inkunzi-mali ukuba yanda, iBhodi yabaLawuli igqiba ukuthengisa ezinye izabelo ezili-100 kwinkampani nge-$ 50 nganye. Ukuba ilungelo lokuzikhethela lalingekho, oku kuya kunciphisa ubunikazi bakho kwi-5% (izabelo ezili-10 ezahlukileyo ngamaxabiso angama-200 angaphandle). Usebenzisa ilungelo lakho lokulungiselela ukugcina inzala yakho kunye nokuvuma ukuthenga (okanye "ukubhalisa") kwizabelo ezili-10 zesitokisi esitsha. Ngokukhawuleza usike isheke kwii-500 zama-500 (izabelo ezintsha ezili-10 x $ 50 exabiso lemali = $ 500), kwaye ngoku unamaqela angama-20 aphuma kuma-200 aphumayo; ene-10% yenkampani yonke.
- Ngoku, cinga ukuba iminyaka emihlanu kamva I-Terra Firma Coffee Company ibhengeze ukwandiswa okukhulu kunye nezicwangciso zokukhupha izabelo ezi-1,000 zeesitokisi esitsha. Awuzithengi naziphi na izabelo ezintsha njengenxalenye yelungelo lakho lokuzilungiselela. Xa izabelo ezitsha zikhutshwa, ngenxa yokuba awunakongeza izabelo ezintsha kwiindawo zakho zangoku, uza kuba ne-1.67% yenkampani (izabelo ezingama-20 ezahlukileyo zihlukaniswe ngama-1,200 amasheya angaphandle). Ngaphambi kokukhishwa kwesitokisi esitsha, amalungelo akho okuvota ayenzela i-1/10 yenkampani kwaye yabamba ubunzima obukhulu. Emva kokuba izabelo ezintsha zikhutshwe, ivoti yakho incinci kakhulu xa kuthelekiswa noko kwakungaphambili.
Ezinye iikhampani zikhetha ukunqanda ilungelo lokuthatha isantya ngenxa yokuba kungenakwenzeka xa kuzama ukunyusa imali kwi-equity issuance. Kwakhona kuyindlela yokuphepha iingxabano ezithile zomthetho ezifana nokuncinci kwabanini banini. Omnye umzekelo wale nto xa inkampani ikhiphe isabelo esitsha sesitokethi kumaxabiso aphantsi kunokuba izabelo zithengisa ngoku, ziyazi kakuhle ukuba abanini-mali abancinci abayi kuba nako ukuthenga izabelo ezintsha njengenxalenye yelungelo labo lokuzikhethela. Isabelo sabaninzi banokusebenzisa ithuba lokuba banyuse ngokunyanisekileyo isikhundla sakhe sokubamba ubunini ngelixa bexeshanye banciphise izikhundla zobunini bamasheya.