That's the way I see it too. And compared to a lot of other oil and gas stocks at the spec end of the market, with a higher share price than BAS, BAS doesn't actually have a huge amount of shares on issue because of the previous consolidation. So I don't even see the dilution being that bad, compared to the cash injection it would give the company,eliminating any need,or the talk of a capital raise
BAS Price at posting:
10.3¢ Sentiment: None Disclosure: Held
