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8.0¢ kazia therapeutics limited

Dilutuon occurs on paper, but not necessarily on trading. BNYMC...

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kickst@rter

2,988 Posts.

258

11/07/22

19:23

Post #: 62481901
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Originally posted by rroodd: ↑

"Correct me if I am wrong....We are lucky to be NOT subjected to further dilution, so to speak".

Thanks KS for the invitation to correct you if you are wrong
YOU are WRONG:
The ATM does dilute Kazia shareholdings which we can see reflected in the continual erosion of the SP particularly as the new ATM shares are issued on each so called positive announcement

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Dilutuon occurs on paper, but not necessarily on trading. BNYMC must sell into the ASX:KZA trading volumes to dilute it.

KZA Price at posting: 61.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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