Innovation Pharmaceuticals Inc (IPIX)

[TimetoRetire]

Dilution is always bad for current investors. It decreases the value of each share they own. Yes , you are correct in saying its almost mandatory in the biotech sector but by no means does it imply it's a good thing. Raising capital at the lowest dilution rates is the key. When this is accomplished it minimizes the damage to current investors. Leo is doing just the opposite...