“...as for 1/2 a cent that I already own high will suffer virtually no dilution...“
I don’t understand what you’re trying to say. But if you’re suggesting the company will gift you two shares for the price of one (ie. a 60+% discount on trading price before TH!) , that’s plain wrong.
I won’t bother to explain why because the explanatory documents are due on Monday and perhaps you can read that.
Alternatively you’ll learn the truth when you attempt to make the purchase and are rebuffed by the company
Ann: Placement and Rights Issue, page-8
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2040039 | 1.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1888787 | 3 |
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