13 million simply through dilution and dilution And dilution
3 billion shares
I wonder if share value would be any higher if there was One billion shares
Here is a though double the value of the company Issue 3 billion more on a one for one rights issue
Now toungue in cheek
I'm thinking that's were next fund raising will Come from A consolidation then 10 for 1 rights issue at a 10% Discount really means as a holder if u don't take up the issue U water down your own holding
Not sure of the legalitys I think I have it right Then at thatch an option to it to make it even more attractive
PDY Price at posting:
0.4¢ Sentiment: None Disclosure: Held