BNR
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2.50% 4.1¢ bulletin resources limited

at cash backing & gold plant, page-6

  1. Lower saxon
    205 Posts.
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    10/09/11
    08:41
    Post #: 8942117
    If a company with a low number of shares needs to raise money by way of issuing more shares than obviously your dilution is higher in percentage.If BNR needed to raise 9 M $ and offered shares at current prices than the value of your holding would be cut in half.
    This scenario is very simplified but I agree with a previous poster that KMC is in a better position as they have cash coming in atm.
    BNR Price at posting: 12.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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