DILUTION OF SHARES
WHAT SEEMS TO ESCAPE THE POSTERS HERE is that a CR could take place further down the track when (hopefully) approval of PEP 11 has taken place and a lot less shares would need to be issued to raise the $17m or whatever is needed. Therefore a lot less dilution. The company has already accumulated $7+million …more than enough for present needs.Such a capital raise could be restricted to existing, long-suffering shareholders.
DILUTION OF SHARESWHAT SEEMS TO ESCAPE THE POSTERS HERE is that...
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