From the recent annual report: Total shares on issue [M] 2318 Top 20 total shares [M] 1234 Top 20/total shares % 53.4% Dilution effect of 500M new shares on total shares issued[500/2318] 21.5%
Monhawks I am sorry for your loss.I am in a similar position to yourself but I can see that this latest move may just work. Selling at 001c does not recoup very much.This has been a painful lesson and it was unfortunate that we got such a rotten set of circumstances all working against long term share holders.The dilution effect on this latest project is not as great as I first thought and conslidation effects everyone in the same way.Regardless I am not putting any more money into SBN.Those on the EGO thread see this move as their get out of jail card unfortunately at the expensr of SBN shareholders.Good luck to you in the future. Cheers Kens
SBN Price at posting:
2.8¢ Sentiment: None Disclosure: Held
