50 % dilution

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Hi all

I have been reading about the 50% dilution of existing shareholders, however I don't agree its that simple. Sure there are more shares on issue, however the company has raised cash to clear debt and fund exploration. This money would have had to be raised/made from somewhere, either future earnings or selling assets.

The sell down form some shareholders post raising was always going to occur, however in my opinion those complaining about not been part of the raising have their opportunity to buy now. in actual fact existing shareholders may be able to buy even cheaper than the sophisticated investors

Any cheaper and I will be once again joining the ranks of AMU shareholders