OPY 0.00% 19.5¢ openpay group ltd

Imagine the investment company getting 100 million shares at 20...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,267 Posts.
    lightbulb Created with Sketch. 893
    Imagine the investment company getting 100 million shares at 20 cents per share to inject $20M to keep the lights on. Existing shareholders diluted and then the $20M consumed in the matter of months.

    The dilution spiral never ends. It's simply accept a dud deal like that or turn the lights off.

    Perfect day to short today.
 
watchlist Created with Sketch. Add OPY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.