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If a company is made up of 100 shares, and that company is worth £100, then one share will be worth £1. If you own 1 share then you own 1% of said company. If the companies value increases to £150 then you will still own 1% of the company, and the value of your share will increase to £1.50. This assumes that the company does not "issue" any additional shares.
If we go back to the first instance when the company is worth £100 with 100 shares and you own one share, if the company issues another 100 shares, then your 1 share will now be worth £0.50.
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