Yes blackso, I would assume you're correct. Last word in that sentence should be "debt" instead of "equity".
For mine, it is not the 'shares on issue' that is a problem for us at the momement; rather it is the quality of the share registry that is holding us back. Take a look at SDL, PEN, SSN etc etc. All of these stocks have over 1.5B fully paid shares, but that hasn't stopped them putting on strong gains in the past few months.
Thus, provided that any equity funding adds more value to the company than the capital that is raised, I am all for aquiring good quality projects that are close to/(already in) production. It is not the shares on issue, we just have a share registry that is littered with lots of 1% holders that are in it for themselves.
CCC Price at posting:
76.0¢ Sentiment: LT Buy Disclosure: Held
