FPO is 3 M from the company and additional 5.84 will come from current holders.
If I read that right it means our tradable share total increased by 30% meaning if we say we were at 36 before this, that becomes 27.7ish with same Market cap.
Dont like the look of that in the short term. Not sure I can hold all my current holdings with margin until the next financials which should bring another surge up.
Any thoughts?
truth hurts.
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