In the last few months I have been posting about how upset I have been with the amount of shares on offer anD the amount of dilutions that have occured since I bought my shares 2 years ago. I am under nO dilusion that this may be getting out of hand. I sincerely hope mgmt do not reach into shareholders pockets again so soon, especially at these low levels. IMO this may be the only thing that will prevent us SH from earning a pretty penny down the track.
If another dilution comes, I will certainly rethink my position in this company, that is for sure, as I have done at every dilution in the past. With the discovery of JT Reese 2, I am very happy to keep buying TTE however.
I do think mgmt are addressing our expenditure seen by the lack of action this qtr.
Time will tell who becomes right and wrong, all we can do Is speculate with the facts we have been given.
GLTA. Myanmar is all pure speculation IMO as we have heard nothing from the company about this, one would think nothing has eventuated
GEV Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
