Mrblabla
I use a different metric (from some) for dilution.
The Company selling shares into the market to pocket cash = Dilution
The Company selling shares into the market to raise capital, settle debt, fund operations, in an effort to grow the company = raising capital. i.e. the way PCT has been utilizing shares.
Just wanted to point out the difference in my view.
Why would a company set up an AS of any amount if it was never intended/expected to be used. It seems that there are some that feel or at least proffer that any share issued, for whatever purpose, is tantamount dilution.
In a word ... counterintuitive
Thanks for your post.
GLT A A