Well look at MGX from .17 to high of 3.0 + its come a long way. This guys don’t get in for no reason, I agree with you that they will be part of any future cap raising. I just hope that the investors get the offering too so that we have the chance to take up more shares so the effect of the dilution is not as bad.
This is where the small investors can get shafted, if you have 1mil of shares and there is 140 mil on register, should the total get to 300mil and you don’t buy any, in affect your share in the company has halved.
This has happened to me before and it’s not pleasant because we are left to chase the price on market. But it should all be better once we get to .5 - 1.0
ORP Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held