'What sort of company is comfortable having 4.5B shares (including options and warrants) anyhow?'
How about TLS with 12.4B shares on issue? Despite having so many shares on issue it is currently trading at $5.03 and pays annual fully-franked dividends of 28c a share.
WAS is still in a very early development stage, but if management get it right it promises to be a seriously big company generating some seriously big revenue in the long-term.
I am watching the latest developments with interest and will look to get a decent parcel of shares in WAS over the coming months.
WAS is definitely one for the future and one ideally suited to a long-term hold for serious capital appreciation irrespective of how many shares there are on issue.
WAS Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
