VMY 0.00% 19.0¢ vimy resources limited

Have you factored in dilution over the next year? At this stage...

  1. 393 Posts.
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    Have you factored in dilution over the next year?
    At this stage the quarterly cost of running the company is huge compared to market capitalisation.
    Vimy have a great project and a great team but they are expensive to maintain.
    Will make it difficult for them to stay solvent until the market becomes rational (without huge dilution)
    My opinion only as an ex holder who lost a lot of money here but is watching closely for a change of sentiment....
    GLTAH
 
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Currently unlisted public company.

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