Dunjo - correct he will dilute himself. But if he raises money at shareprice it is unlikely people will take them up, he can pick up the excess and add them to the kitty further increasing his holding. He has a lot more fire power than most people and deeper pockets. Anyway, just a quiet Friday and the thought crossed my mind but is probably commercial suicide so will never happen (hopefully). Just thinking outside the square. Never met the guy so who knows what he is like - probably a good bloke.
NDL Price at posting:
3.3¢ Sentiment: None Disclosure: Held