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Keeping a very close eye on Appendix 2A dilution notices. Not...

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    Keeping a very close eye on Appendix 2A dilution notices. Not too concerned at this point with Quadpay 'performance rights', but we're well over the half a billion in share issue mark. I think investors should watch closely where new shares are issued, and where they're issued to.

    If a company can't be profitable without being listed on the ASX, they shouldn't be listed on the ASX (things fall into legalised ponzi territory here). Watching closely so we don't become a penny stock (for any reason 'capital raising', 'performance rights' etc.)

    Fortunately nothing too crazy like we saw last year (with a disgusting 41% dilution rate), but it pays to be vigilant, and noisy if required.
 
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