I feel the same with you here MetalBee. Would much prefer those vast, and ever growing profits to be used for acquisitions, rather than hitting market with capital raises. I know it's a touchy subject with a lot of people, but imagine seeing the SOI increase by 25% (in a year!) so we're trading at 4.6 billion shares. That would be too much.
There's a lot of cash to come in via options conversion, so for me, it's wise to give holders an incentive to convert them. A little divy would be just that. Then the circa $20 Million generated there is close to the capital that would be raised by diluting by about 18% at current MC.
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $90.16M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.4¢ | $51.23K | 2.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1100016 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 160000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1100016 | 0.024 |
3 | 505869 | 0.023 |
2 | 1125000 | 0.022 |
3 | 299000 | 0.021 |
2 | 405000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 160000 | 1 |
0.026 | 1320389 | 4 |
0.027 | 927406 | 3 |
0.028 | 9807869 | 6 |
0.029 | 2780433 | 8 |
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