336m shares on issue , huge dilution for existing holders and they might get a 1c dividend in the future if there lucky. looks expensive at current prices
336m shares on issue , huge dilution for existing holders and they might get a 1c dividend in the future if there lucky. looks expensive at current prices
Only diluted if you don’t front up with the cash ...but doubling your holding might not be what everybody wants to do
Using say $20m profit (their underlying number) that’s eps of 6 cents on higher number of shares so they might eventually end up at 60/70 cents again next year....yes?
Would you buy now though but interesting to see what eventuates.
Bad luck current shareholders ...might be good for the vultures.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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Originally Posted by bull....
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