SFI 0.00% 9.0¢ spookfish limited

Share Capital - Dilution, page-6

  1. 921 Posts.
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    The price has tanked because of the Milestone shares.
    SFI had better find some new brokers cos the existing ones only have a lot of angry shareholders who wont have a bar of a CR and whom will continue to put the share price under pressure as every time the share price looks like rising it will be met by a wave of selling until the stale angry shareholders exit.
    This will take us into next year as management stinks to those shareholders and i count myself as one, to see how many just check out the number bought by the active brokers in the stock over the past 18 months.
    That is a lot of stock to exit and anyone looking to buy just sees endless dilution.

    So the only white knight is EV who will end up driving the stake through sfi's metaphoric heart and get a bargain at the next CR and or make a bargain bid for the company
    Either way small shareholders are toast
 
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Currently unlisted public company.

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