Depends on who gets the new equity. If one big investor we all get diluted, but there's guaranteed funds for development. If offer equity to public we as shareholders may have opportunity to retain our proportional ownership. This is difficult. I would guess the funding will come from a new o/s investor probably already in renewable energy space but wants to expand with a quality investment. Just because we could be diluted with more shares issued to a new investor doesn't mean the s/p will fall. I am suspecting a new investor because of the recent pull back in S/P to give them a good deal.
GNX Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held