Re: “Shareholders are on a one for ten deal in a company that has given not a scintilla where it will list. How is that not dilution fo shareholders hard earned?”
Each shareholder still owns the same proportion of the business that they previously did. Your implication that there has been any dilution is either ignorant or deliberately misleading.
Where will it list? The directors will list the company where and when it is most beneficial to shareholders. Why should they lock themself into some explicit action when circumstances can change over time?
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