Sunday, June 04, 2023 1:40:56 PM
But I think it’s important to dispel the narrative that they are only diluting so “leOnITe tHe LeNDeR cAN GeT CHeaP SHarEs”
No, the profits from Indonesia are locked in country and the have been making property purchases over the years that require payments over time. Those financial obligations are being met by diluting current shareholders.
For the sake of all of us I really hope the uplisting timelines Nils spoke about last CC come to fruition because if not that would require another 7.5 million shares of dilution at current prices
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