I've used this example before, but in 2019, I was buying a stock, for about $3, on the NYSE; this company, eventually increased their outstanding shares, through offerings, to over 1 billion+ shares; yet despite this, due to excellent news, sales, increasing holdings by institutions and retail investors, the share price rose to $60+ in late 2020/early 2021.
But there's also examples on the asx too; there's many companies, with significantly more shares outstanding than aml3d, that have much larger market caps, and thus, a higher share price.
So back to aml3d: I don't really care about them issuing shares - diluting existing shareholders - if it coincides with great news--sales, deals, positive developments, etc.,. They could double their outstanding shares, but still have a run similar to DRO, if the company delivers.
Good luck to all long-term investors; I'm here for 0.86c and beyond.
AL3 Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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