(a)The HK listing will mean more shares sold- more dilution
(b)Previous CR diluted shares albeit @ $1.50 sale price
(c)Cash burn increasing getting closer to production
(d)Although $68.7 mil in bank, last qtr burned $9.2 mil
cash.
(e)More shares mean less Earnings per Share (EPS)unless
CR is put to increaseing NPAT & not simplt paying
op costs.
(f)Still speculative stock(no earnings yet)
(g)The rest is sentiment & ASX May volitility.
Cheers
Moorookamick
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