1 year investment, page-2

I have been thinking about the dilutionary effect of the options on eventual TO premium or even SP appreciation over the next few months. I'm a little "Pinot"ed at the moment but wanted to get my thoughts down before taking off for the weekend...

I have a significant holding and it has been diluted by the CR and options that have recently been issued. No problem with the need to raise. However the subdued SP, which some have commented on (putting it politely), is testament to the effect of latest CR. From memory it is or will be another $5m for 19% more float. I haven't quite increased my holding by 20% but for those among us that are concerned by this dilution perhaps the positive consequences to putting your hand in your pocket is 3 fold.
1- support the SP, reduce free float and snaffle a few more bargains;
2- increase your overall percentage back to its original size and in relation to the MCap;
3- eat into the shares being sold/dumped and speed up and genuine recovery based on impending fundamentals.

Eventually the story will swamp the sellers, the demand will overwhelm the supply of cheap shares. For all the cheapies that have come on market and been bought, many I would think have gone to investors with an eye to a bigger return than 20-50-100%, IMO.

As my avatar reminds me every time I log on to HC, patience. Not my strong point generally but as many of us know all to well, the rewards are only a few months away.