esteon i totally agree. Often dilution is poorly used.
However, in this case if it brings forward productive wells and cashflow it will benefit shareholders far more then the few cents they have been diluted.
Bring on a few extra wells and no one will be complaining.
Having said that it will take a month or so to get the sellers off the board, possibly might present some top up opportunities for LT holders. Lets face it if they are still 30c in 6 weeks time due only to sellers and they have two more fracs and an accellerated drilling program, wouldnt that provide a good buy.
- Forums
- ASX - By Stock
- DXI
- we have been diluted by 15%
we have been diluted by 15%, page-7
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXI (ASX) to my watchlist
|
|||||
Last
$2.90 |
Change
0.010(0.35%) |
Mkt cap ! $920.0M |
Open | High | Low | Value | Volume |
$2.89 | $2.93 | $2.88 | $892.5K | 307.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 19079 | $2.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.91 | 10829 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 19079 | 2.900 |
1 | 1896 | 2.890 |
3 | 6931 | 2.880 |
1 | 937 | 2.870 |
1 | 937 | 2.860 |
Price($) | Vol. | No. |
---|---|---|
2.910 | 10829 | 2 |
2.920 | 2833 | 2 |
2.930 | 2833 | 2 |
2.940 | 19453 | 3 |
2.950 | 2819 | 3 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
DXI (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online