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Yes, a few posters have pointed to the dilution due in June...

  1. Gwaihir
    2,285 Posts.
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    24/04/18
    11:41
    Post #: 32652469
    Yes, a few posters have pointed to the dilution due in June 2019, and unfortunately, it's massive.

    I like the project's potential, and the management team, but the share structure is a shocker.

    Current shareholder dilution of over 150% in June 2019 - ouch!

    I'll keep watching for now though.

    If they structure things up properly after June 2019, and with the right consolidation timing, it could do well.

    Gw
    CAI Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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