Gordon Ltd directors declared a bonus issue for 100 000 shares to be issued at $1.50 each in August. Which of the following is not true about the bonus issue?

		It increases the net assets of the company by $150 000.
		Cash is unchanged by the bonus issue.
		Directors can use this opportunity to signal future dividend policy to current and future shareholders.
		This makes the company's shares 'seem' more affordable, as on a per-share basis they are now cheaper.
		Total shareholders' equity balance remains unchanged from the bonus issue