I am disapointed that this new Rishts issue is going to dilute everyones holding by 40% If the stock market was healthy they would have only had to dilute by 7%
the stock being traded so low is going to hurt everyones profits when calculating PE and EPS.
Could this be seen as a downgrade in forcasted profit? as its now being spread over more shares.. could also count for why the stock has been traded down so hard since the ann came out...
Aspect Huntly still rate this as a strong buy however...
AXI Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
