Resistance is at $1.5 This is the first major step to see how...

Resistance is at $1.5 This is the first major step to see how the stock is going. A break above this level is necessary for me to accumulate.

The 3EMAs are weak so It's required a bit of patience for the ones who could see some good stuffs in the 4D financial report.

Is there a chance of dilution?
Diluted Outstanding shares, d/os 186,670,000
Foating shares, fs 159,670,00
NPAT 16,711,000
Divi 3 cent or 10,423,000
Exdivi 4/3/16

Basic EPS=(NPAT-Divi) ÷ d/OS
3.9cent (4.8 from the report)
Diluted EPS 3.4 cent (4.7 from the report)

Dilute %=(3.4×100)÷3.9=87.18
Dilution chance= 100 - 87.18= 12.82

The dilution chance is high but it's still below the P/FCF at 19.1

This is my experimenting calculation. If the next report isn't promising then I will definitely sell without a second thought.