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05/08/09
10:11
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Wow!
Now you get a 40 million share increase for the big boys and a max of 8 million shares for the rest of the AZZ holders.
Do you really think that each AZZ holder wll be able to get $A15,000 or 60,000 shares of AZZ each?
With the 40 million shares added to the 184 million out you get 224 million and the ordinary 'scum' will get to add - WOW a whole 8 million shares!!!
Less than 5% of the previous outstanding shares and about 3% of the total new shares....
You been done diluted down the toilet. And that is if you get the whole $15k which you won't.
If you have a few shares and the price stays above 25 cents you might do ok. If you have a big holding .....well....welcome to the tank.
And for the $A10 million you'll get maybe TWO wells, if that, drilled for the dilution.
Oh and I forgot the free HYPE!!!!!
Hey maybe I should buy some shares so I can get on the AZZ dilution bandwagon!!!!
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