do you even understand ?over subscribed, but still a limit to what shares they will issue , its in all the paper work , there are not issueing 620% extra.
cant you even see all the good news?????
is very little dilution what so ever.about 4.5 million dollars wanted $750,000 worth of stock!!!. this is extremely positive . this should mean next time they want to raise money , after some good drilling result , the demand should be even higher and so should the share price. the project is next to alkanes, we could see a price well into the 20 or 30's ( cents) like alkanes next time they need money.
alkane have - 244 million share on issue.
we only have 105 million shares on issue now for paradigm shareholders , so whats the issue?
did you forget to apply?
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