Wednesday, June 01, 2011 11:37:32 AM
You obviously have never run a company. Your suggestions here are ill conceived and misleading.
I think congratulations are in order to management for buying such an asset as announced for the number of shares they did.
Of the 3 options below I will always prefer the least number of shares (dilution) being given out.
Buying the company at 22 cents a share for 230 mill sh.
vs
buying the company at 8 cents a share for over 500 mill sh.
vs
buying the company at 4 cents a share for over a bill shares.
Honestly, this is very good news for the shareholder
Pro.
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