I only get one post a day so let me use it wisely. I am a long term NTEK shareholder, but I think it's not helpful to say that a nearly 1 billion A/S is no big deal. Instead as shareholders we should be insisting that management make better deals with capital investment to exponentially grow this company and not dilute any chance that faithful supportive longs have to make any real money on NTEK (and I'm not talking pennies here, but dollars per share).
NTEK supporters should also insist that management once and for all get audited financials completed, move up at least one tier on the trading floor, and do more to increase shareholder value.
I think NTEK has incredible promise, but so far management have not been able to translate that into regularly increasing share price.
Recent developments suggest we may be rounding a corner. Good deals are being made. But they can't keep countering company milestones with share dilution.
Supporting NTEK is one thing, but excusing dilution is not helpful. NTEK should hold the line on any more dilution. Every shareholder who talks to or visits the company or goes to shareholder meetings should keeping hitting on this issue.
Disclosure: Long NTEK
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