Now let’s apply the results of your calculations to the following situation: portman has 1,000,000 shares outstanding, and judy davis, an investor, holds 15,000 shares at the current price (computed above). suppose portman is considering issuing 125,000 new shares at a price of $18.20 per share. if the new shares are sold to outside investors, by how much will judy’s investment in portman industries be diluted on a per-share basis? $0.76 per share $0.31 per share $0.44 per share $0.36 per share thus, judy’s investment will be diluted, and judy will experience a total of .