Couldn't even begin to calculate how much dilution an investor of 10k five years ago would be left holding today.
Years ago remember another ASX stock infamous for reinventing itself every few years to which ever industry was trending at the time, went from Software to mining to O&G to softwre and now back to mining again. Of course every time more dilution and name changes.
Anyway recall post long time ago investor who had held the stock for about five years, after all the dilution and name changes his equity in company was almost worthless, the stock price was back to 1c and he calculated would need it to reach $36 SP before breaking even.
Kat.
Couldn't even begin to calculate how much dilution an investor...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)