KKO
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7.89% 7.0¢ kinetiko energy ltd

Ann: Proposed issue of Securities - KKO, page-5

  1. Veritas2000
    12,959 Posts.
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    08/05/21
    17:19
    Post #: 53039285
    Sorry, to offer an opinion on a stock I don't own but I fail to see the euphoria surrounding this announcement.

    Current Shares on Issue 558,170,705
    Planned Issue 595,577,619
    Adjusted Shares on Issue = 1,153,748,324

    In effect this is a 52% dilution.

    I wish you all well, but as they say "I will not be investing"
    KKO Price at posting: 14.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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