This dilution doesn't affect Ron and his gang one bit. They will continue to receive options etc. However it's the large shareholders who are getting a raw deal (only $15k).
At $1.30 per share the market cal is around $365 mill so this is about a 20% dilution
I've been for this ride since 2005 and fortunately I picked up a further 100,000 shares on 20th Oct @ $1.16.
It's been a volatile ride but the ATO has benifited from my ride taking their 30% (for doing naught).
We all know it's the best but they are not playing fair.
I t mind eating humble pie when TIU's surprise comes!!!
BOW Price at posting:
$1.30 Sentiment: LT Sell Disclosure: Held