re: Ann: Ampella Secures $4m Placement with I...
i wouldnt worry about dilution too much guys. you have to get the big guys interested somehow and this still is a very tightly held stock. if the gold system is as big as everyone thinks it is its going to take a lot more money to find all of the gold so there will be more dilution to come!!!
the thing i like about management is that every raising has been at a progressively higher price. 6c - 18c and now 30c. shows that they have confidence in themselves by not doing it all in one go like most other companies are doing in this market (if raising funds at all).
will be interesting to see who took up the $3m parcel - its quite a large chunk in this market without any results.
bring on the results!!
AMX Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
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