Bill...
My only source of market infomation comes from the official ASX site, it's right there above the "5 day trading" grafics... 736,383,316... It seems that every one else is looking at the specialist trading sites and forgetting the good old ASX basic.
You're always on about share dilution, that's why I thought you were taking the piss about my disregard for that effect.
IMO...If people take a million dollers worth of shares to cancel a million dollars worth of debt, that should have zero effect on the value of your shares. The MC should increase by a million dollars and the share price should stay the same. And theoretically you shouldn't give a shit about "dilution". In practice the loss in share values has got more to do with negative market sentiment from people who dont like or understand the theory. Any accountants out there?
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Mkt cap ! $3.017M | |||
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