There are two lots of bonus shares (totalling 120m) and I bet my bottom dollar that neither of them will be met.
ut looks as though there will be about 120m shares issued in nasdaq, so the dilution is what was to be expected if performance was met.
20c minimum is low, but remember that’s the absolute lowest it will go. I’d be content with it being at around 26c tbh, but I suspect it will be more 30c plus after we kick a few goals in the next few months.
Ppl should not be afraid of dilution, ppl should be more afraid of a company being broke without a means to raise funds.
most pre-profit companies can only dream of raising 35m. Well done team
GMV Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held