Tony,
As many a poster has tried to explain to you the 60 plus million did NOT dilute the company, it STRENGTHENED it/uplifted it's current value.
You could only complain validly about dilution if the sp were now above 65 cps, and the last few times I looked it most certainly was not.
If anyone was diluted it was the new shareholders coming in at 65 cents, exchanging their cold hard cash for shares now worth about 40 cents. By simple arithmetic, these new shares must have been diluted by our "old" shares which the market is indicating would only have been worth 25 cents now (without your infamous "dilution").
Time this record stopped playing Tony, as it is most definitely broken.
El
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whats the 70 million going to be used for, page-11
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $554.4M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $1.007M | 4.796M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55729 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 596402 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1221068 | 0.205 |
13 | 606307 | 0.200 |
4 | 429608 | 0.195 |
9 | 424363 | 0.190 |
2 | 316452 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 596402 | 4 |
0.220 | 410000 | 5 |
0.225 | 747680 | 8 |
0.230 | 1083014 | 13 |
0.235 | 857418 | 19 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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