Lower share price equals more shares. The current arrangement may conserve cash but will dilute shareholder wealth. If the directors thought this was a big deal then they would be using more than peanuts to buy shares on market.
- Forums
- ASX - By Stock
- BDC
- Ann: Acquisition of Large Zambian Limestone Project
Ann: Acquisition of Large Zambian Limestone Project, page-51
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BDC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online