I guess they have had to raise money, but it kind of takes the breath away to see the number of listed shares at 1.835 billion when 1 year ago it was 1.14 billion.
- a 60% dilution for a long term holder.
Nothing succeeds like success however and the risen share price more than makes up for it.
I just hope a culture of share giveaways and cosy deals for highly risky ventures does not gamble away the value we are on the cusp of realising.
