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newbie2016

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17/04/17

18:16

Post #: 24099834
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Originally posted by Alterego1168 ↑

I can see future CR hence dilution happening, with SDV, JB and others.....

This is a small screengrab of my excel listing over 100 capital issue over past 10 years.

There's simply too much shares on register.. so consolidation is good 1st step to future dilution by raising capital from new investors.. whether they be from ASX, HKSE, or whatever.

Note: 15% of capital can be raised without shareholder approval

View attachment 548655

Note the 38.4M shares issued to management near 2 years ago

Expand

Issuing new shares to mgt is so "SMART" to avoid dividend

GXY Price at posting: 42.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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