Innovation Pharmaceuticals Inc (IPIX)

[baytdr]

I think dilution as bantered about on this board has come for many to be synonymous with the daily value of their shares time the SP and because the SP has gone down over some periods of time they interpret that investment investment has been diminished by the issuance of new shares.
I suggest that SP times our shares and value of our investment in IPIX is not the same thing, and does not account for the progress in the clinic afforded by the issuance. For example if the SP had gone to $10 a share few would say the increase in share count diluted their investment. As we all know in small cap bio land the SP and ultimate value a company's investment in it's pipeline are often uncorrelated for long periods of time. Until they are....