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0.00% 0.4¢ new standard energy limited

bru vs nse geology, page-18

  1. modula
    698 Posts.
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    13/02/13
    17:54
    Post #: 11416586
    Hi persistentone

    Whilst I wholeheartedly agree with the theme of your post, I'm a bit perplexed at how you arrived at 31.5M shares in 2008. By my reckoning the figure was pretty close to 180M when the company listed.

    Granted, since 2008, this is still a substantial dilution, but there was at least one opportunity for shareholders to participate in a capital raising. Still, a dilution is a dilution.

    NSE Price at posting: 17.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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