Good comment, however if shares are issued way below your entry price you lost money. Your % holding in the company and mkt cap has been gone. (and this case it could be 50-90% Good bye.) If you have enough money to balance your % holding in the company holding after share issues you are below square one. I agree with your come back stories, but take a look at the people that participated in the share issues over the last two years. They are below 95% or more some of them. How much can you take. My ACB is around 9.5 cents. I consider myself a lucky one. I participated in share offerings etc. From 1 cent to this is going to be a dream. To cover myself. So the mkt cap has to appreciate at least 8 times to around $400 mill. For me to get my money back. Do not make it sound so easy with this. Some poor investors can not afford to double down all the time. As far as this investment, your were probably better of going double down on black or red at the casino two years ago. Or buying a sports car. Over the last two years. thank god options are and have expired recently. We will see what happens with this cap raising. Mind you it should it should be a debt raising.
BLK Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
