Yes I do!
I see it as inevitable step toward the company securing it's success.
Well in that case bring on more dilution. Maybe if it dilutes 100 times and becomes successful we can all bask in the glory of our massive losses despite ultimate company success.
In all seriousness, dilution is the biggest enemy for early investors. You want to limit dilution and you certainly don't want to make it a habit of giving away shares at 26% discounts. Based on company rhetoric of successful progress I doubt too many here foresaw this discounted placement coming and clearly by the extent of the discount and the subsequent share price action, it appears not too many are on your bandwagon of dilution and consolidation.
- Forums
- ASX - By Stock
- SYT
- Total Disgrace
Total Disgrace, page-60
Featured News
Add SYT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online