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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No. | Vol. | Price($) |
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3 | 225627 | 1.6¢ |
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Price($) | Vol. | No. |
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6 | 4600000 | 0.015 |
1 | 50000 | 0.014 |
1 | 80000 | 0.013 |
1 | 80000 | 0.012 |
Price($) | Vol. | No. |
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0.017 | 614926 | 2 |
0.018 | 2451432 | 5 |
0.019 | 2230000 | 3 |
0.020 | 231111 | 3 |
0.021 | 116170 | 2 |
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