Hey Golden, look I think the dilution could be more.
I calculated (hopefully right) 1.2B \ 3.2B x 100 and it popped out 31% but I’m not sure I’m right.
Anyway, even if it is, what price do you then place on another proven 49M tonnes with coastal access , more prospects and also snookering Mitsubishi?
I think whilst there is share dilution, the potential gains are worth considering.
Plus, we are that under valued and our share price is laughable, BUY more.
I am willing to bet we consolidate too which will be very beneficial.
Y
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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1 | 11904 | 0.021 |
1 | 40000 | 0.020 |
1 | 185326 | 0.019 |
1 | 26690 | 0.018 |
Price($) | Vol. | No. |
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0.025 | 996000 | 1 |
0.026 | 1992153 | 7 |
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