"The shares on issue are important at the speccie end for dilutionary effect and also may prevent a company from raising capital if the asx deem there are too many on issue."
What on earth does that mean?
The shares on issue and dilutionary effect are two different things and they have nothing to do with the asx preventing them from future issues.
Would you please show where this is written That the asx may prevent them from future issues?
Otherwise we will consider this as just another rubbish non factual post.
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