The problem is you can't take back the dilution and them doing another one further down if they require isn't bad. Only those that don't look at the reports and piece it together will look at another one as bad. I mean they can raise $1 mill now and then another $1 mill later on it doesn't matter but if they don't require the other $1 mill later on then it will matter as they've unnecessarily diluted the company shares.
The more they raise the more there is a chance of a consolidation which I can guarantee non of us want. It is honestly better of them to do little bit by little bit. But this is all in my opinion. We can agree to disagree.
3DP Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
