How to create shareholder wealth

You invest 10000 in a ASX company ( Explorer )
1. Share price come down in half ( You have stock worth 5000)
2. They do a capital rising, you lose more due to dilution and discounted offer price ( Your stock worth 3500 )
3. Company elect to go with a funding facility ( Share price go through a death spiral – They sell down ,buy again and sell down your stock now worth 1000 )
4. May be another capital rise ( your stock worth 800 )

There you go you have a perfect Disallowed in reverse ( More than Disallowed )

You got plenty of shares worth nothing, what you would do you ask the management

They say “Don’t worry we will do a share consolidation”, share price is back up due to consolidation and the cycle goes on.

That is how you create shareholder wealth my friend !