Share
2,539 Posts.
lightbulb Created with Sketch. 465
clock Created with Sketch. 26/02/24
15:32
Share
Originally posted by Shady Merv:
↑
A couple here here (gve and papstock) are ringing the 0.2c to .04c bell.Massive dilution ahead and I cannot see any way around it. Any CR will be hugely undersubscribed.
Expand
Couple of points - First - Peter and Carlos didn't outlay $7M so it's not as if they have lost savings like SHs who actually invest, and Peter at least drawing something of a wage whilst we lose capital. Second - you have no evidence at all about the sale of Steam Engine - this has been your theory. Where are the offers? Who is buying it? How do you Peter and the Board intend to sell it? They don't communicate a thing yet you type with certainty.
(20min delay)