they raised $12m at 60c on short form prospectus, I think they...

they raised $12m at 60c on short form prospectus, I think they will easily raise again. At such a high market cap index funds will have to buy on market unfortunately, that bit is certain. they are bringing.
in these independent directors for the institutions and dilution should see them below 50% I think what you are trying to say is the stock won't trade on a potential takeover premium due to concentrated holding....