Thank you... most likely it would have made no difference to the activities of the directors, but it has been very frustrating for me to be flamed and shut down every time I complain about the share issues of this company. This hasn't been okay, the directors have been very deliberately destroying the value of our shares to stuff more shares into their pockets. When/if the share price starts rising, we'll have a very steep climb uphill because of how many cheap shares have been given out. Especially at $1, if we're not bursting with contracts, I expect the big holders will be pumping as many shares as they can into the market.
It isn't only share issues and options. It's also the fact that any big holder that buys in always does so off-market and because of that, the retail investor doesn't get any sort of relief with non-dilutory purchases on market. I'm fed up with the way that the directors keep diluting our shares.
FLC Price at posting:
53.5¢ Sentiment: None Disclosure: Held
