GSL greatcell solar limited

It'll be highly dilutionary to open Big Time on say AIM.It would...

  1. 7,432 Posts.
    It'll be highly dilutionary to open Big Time on say AIM.It would at least Double the shares on Issue.

    Dye "owners" and largest shareholders the Tulloch's would be cut from 25% to 12.5% Ownership for example.Gav and Slyvia have stated they are prepared to have this happen if there's a 'good deal' on the table.
    but they would seeing as they can top up their holdings with options.
    The rest of us?well we'd have to buy more on market if we wanted to keep our original PERCENT holding.

    Another problem with Dual Listing is it limits issue of shares to shareholders ie bonus and rights issues.Seems it can't be done to Overseas Holders 'cheaply' so Overseas gets theirs by Placements to the select holders and not everyone holding overseas.

    My experience of shares with Dual Listing is that there is an increase in manipulation by London New York and Berlin Sharks.See early DYE chart for a classic pump and dump that came out partly on a 'swim' by a Frankfurt 'minimal' listing.

    But I can see a Major Overseas Listing happening.Dick won't be able to contain himself.However listing at this Aussie share price of under $A1 and Market Cap would be foolish and an insult to we long term holders.

    Really DYE should be operational,have Rivers of Cash flowing in and have some real foundations and Plans for using the Capital raised.

    Currently,Dyesol is about to run out of cash by the end of this Qtr [see last qtr cash burn compared to cash at bank].

    All these Deals with TATA and Pilkington etc have been on a basis of sharing Gov't Grants.No deal has been struck where the Big Boy pays Dyesol anything.DYE hasn't SOLD product yet and only when someone is putting money,their real money where their "intentions' are will or should DYESOL list in a major Dual Market.

    Personally I'd prefer an Overseas TakeOver at say $4/5 instead of Dual Listing if only to get Caldwell[Dick] out of managing and blessed callidius out of the pr job.
 
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