Excellent thread of discussion again in the theme of wtf is going on with this share price?
(and to get away for one moment from the waste of time imo of rehashing indisputable DD, ..and my one post :)
dilution here is minimum and not the reason the stock is stagnant
In number of shares diluted, it is minimal, but when you consider that the shares diluted is over 60 % of the total shares traded in a month, that is far from minimal and a big reason the stock is going nowhere. The stock needs to breathe and not have constant shares being put into the market.
With all this (new $30M) money to play with, why dilute at all?
How can a co. with stellar performance/hitting it's targets attract so little interest?. Obviously there is no reason to leave a position in EW$I until they can show a glimmer of f...g up. Awareness..Exposure..Business concept; barriers to cognition, lol?. These reasons are somewhat lacking in explaining the big disconnect between the value in this co. and it's share price. Why so little interest in this story as told through shares traded in this co.? And no I don't think dilution is a big factor in the reason for lack of interest (just good points).
tia
EW$I
"Mother Nature is not that smart. She hasn't figured out how to show the Humans how their short term profit thing will save her butt."
T YR Buffett