GREY:FRNFF - Post by User
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Parentheticalon Feb 08, 2016 8:19am
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Post# 24534554
Feronia Minorities Diluted to Death
Feronia Minorities Diluted to DeathOctocerberus is correct that the dilution is going to be bad and the triggers have already been tripped for the Great Dilution. Current minorities are going from 40% of the equity to a mere 17%. Phew!
This research note (recommending a SHORT) that I just stumbled upon details the math behind the dilutive effect.
https://hallgartenco.com/file.php?path=Mining&filename=FRN_feb2016.pdf
Read it and weep!