AI
Wednesday, September 16, 2020 5:35:28 AM
The company's updated share structure has been released, and as I expected there was a small amount of dilution. This is the current share structure:
And just for a reminder this was the share structure at the end of last month:
As we can see there was a 12,649,275 increase in the number of shares held at DTC. And similar increases to the OS and unrestricted share counts. This shows us that the rate of dilution is actually much lower this month than it was last month, which is more consistent with dilution winding down and coming to an end, than it is to an ever increasing amount of dilution as some have speculated.
And just for a reminder this was the share structure at the end of last month:
As we can see there was a 12,649,275 increase in the number of shares held at DTC. And similar increases to the OS and unrestricted share counts. This shows us that the rate of dilution is actually much lower this month than it was last month, which is more consistent with dilution winding down and coming to an end, than it is to an ever increasing amount of dilution as some have speculated.
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
