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123414

Re: None

Wednesday, 10/03/2018 10:08:55 AM

Wednesday, October 03, 2018 10:08:55 AM

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The main reason for Nemaska's underperformance is a huge share dilution. The company issued more than 448 million new shares to raise C$454 million (~$345 million). As a result, the volume of outstanding shares more than doubled. However, the project is fully funded now, and barring any unexpected complications, there is no threat of any further share dilution.

JMO, maybe, maybe not.

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