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16:45
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I think everyone here understands the dilutionary effects of the equity raise. it’s hard to be oblivious when the share price cratered in the way that it did more to be issued once the SPP is completed...”
Originally posted by eshmun
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Some here don’t understand the effect of dilution on EPS going forward and IMO some people here need a lesson in investing 101 if they think a balooning share register doesn’t matter. I was thinking of going through the WAF vs DCN funding history comparison to help try and explain the difference but it involves quite a lot of research and work which I don’t need to do as I understand the effect of the difference between a capital raising to external parties and a rights issue to existing holders and although I like to help educate, sometimes the best education is experience.
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