DSE 4.93% $3.28 dropsuite limited

agm - any one go - perspectives?, page-20

  1. J8
    14,557 Posts.
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    Nolly , your reasons for staying out are the same as mine for staying in . Different perspectives .
    Dilution is a fallacy inasmuchas you could have quantumzillion shares it makes no difference to the intrinsic value. Most cap raisings are followed in the reasonably short term by reports and progress that raise the SP substantially . To raise more cap you need to have a newer and bigger plan with the backing in the ground , too easy here !
    It will also be easy to do a 10 for 1 share thingo so people who think that 3 x 1 zillion is somehow different to 6 x 1/2 zillion .
    EXM have arguably the best ground in the whole country being uncovered right now , while you sleep they are drilling .
    Its a no brainer for me .
    Good luck with your trades and see ya at 5c . Soon .
 
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