EOF 0.00% 4.1¢ ecofibre limited

Current Share price, page-212

  1. 1,115 Posts.
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    There is 1 very small dilution event coming up in (I think) September which was known prior to listing.


    Other than this, I think the large holders would be very averse to a dilution unless it was absolutely needed there was no other option (which I highly doubt will ever be the case for EOF), or the raising was for a very big purchase which was being funding from also listing on the NASDAQ or something very big.....


    I would still conclude that the continued strength today is due to your bagless cat who has hailed a taxi to the airport, enjoyed a wine in the business lounge and is now boarding a flight to Kentucky with the quarterly figures in the carry on luggage.....

 
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