You are not wrong; shares have been heavily diluted. However, the newly issued shares have been converted into assets (factory) or intangible assets (etc marketing,recipes). When the business first floated, shares were issued at $0.20 each, with a total of 20 million shares. How much in assets did the company have at that time? Capital raising is not a concern if the funds are used effectively.
BUB Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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