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18/03/19
11:07
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Originally posted by 92electrons:
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kenso what do you think happens to earnings per share when 1) more shares are issued 2) income producing assets are sold off in both instances earnings per share decreases !! but when income producing assets are sold off you rob shareholders of future upside potential from earnings growth there is no right or wrong answer - but for mine I would like to see PDN issue more share to raise the capital and retain as much as it can of LH - thus retaining ownership of the potential upside from a uranium bull market for PDN shareholders as for the Chinese ... they can go ...
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Agreed - I'd have no issue getting involved in a capital raising to get mining going again. Absolutely no problem. I think most shareholders would agree.