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.
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