Thursday, September 18, 2014 11:59:04 AM
I thinks it's the best way for all concerned for management to sell shares to the market rather than making sub basis huge block deals that will surely come back to suck down PPS.
"2) The A/S is 6 billion, so you better assume that the intent is to dilute to that level. You especially better assume that intent if the transfer agent remains gagged. If DNA management authorizes the TA to report share structure on demand then you can cut DNA some slack regarding dilution because you will be able to track it as often as you feel appropriate to make your decisions on buying and selling. Unless that occurs, you have to assume that DNA will dilute to the maximum allowed by the A/S at any time, and that they will attempt to hide that action"
Cup half full hopes they can get profitable and retire many of those shares providing continuation of business goes forward.
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