When management dilute your share holdings 20 times negative over the last 3 years market cap is exactly the problem... the number of shares on issue has gone from half a billion to over 2.5 billion with NO increase in market cap therefore dramatically reducing existing share holders equity and accordingly long term returns.
simples..
- Forums
- ASX - By Stock
- Ann: Appendix 3B
When management dilute your share holdings 20 times negative...
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