Kudos to@RaceOncology for giving shareholders the chance to pick up the discounted shares. OK, we're being diluted, but, we also get the discounted shares, which to me makes it a neutral dilutive transaction (I made that up - hope it makes sense). If this offering went to instos we'd be
complaining, as the instos get cheap and we dilute. Well not in this case
.
Also realise that some like Dr.T (and staff also) with his holding is being diluted more then anyone else. He may have 1 quadrillion shares but could only buy $30K worth. This also provides the opportunity for some smaller holders to boost their holdings somewhat and make them part of the team.
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$1.70 |
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Open | High | Low | Value | Volume |
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---|---|---|
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2 | 2998 | 1.670 |
1 | 5000 | 1.665 |
1 | 7461 | 1.655 |
3 | 3736 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.770 | 6060 | 1 |
1.820 | 9999 | 1 |
1.830 | 15000 | 1 |
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