Agree Adam.
As a comparison:-
BRM market cap is about $500 odd million
DMA MC is about $16 million
Lets make a rash ball park prediction and say DMA can prove up a commercial resource in the future, and realise a value of one third of BRM's current MC (say $150 million) That would put the Sp up over $1.50 Could that happen .... absolutely.
Even though Xing Hua may have gotten on at a low ball figure, we can't blame them for that ... good business practice. The raise in profile and interest created in the market will outweigh the initial dilution hands down if/when they prove up the resource to a commercial level
I approach it as the dilution of shares/extra capital is like paying for advertising. But this way, the advertising company (XHua) has a vested interest in increasing the value of the goods ... Of course they want to buy in cheap in the short term, but in the long term, they want capital appreciation just like the rest of us.
ps The little 32 share "bot like" trade right on lunch break to drop the Sp down was interesting. Some of the larger buy orders have been temporarily removed as well. Wonder if we might see a little tom foolery go on with this one for a while ... personally I can't see how the sp will be held down for too long given the current circumstances ... Bring on the resource update I say !!
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