RE:RE:RE:RE: BIG dilution ahead...OSK sitting on $130 Millio Its hard to complain too much on dilution here. The last financings brought in $20M. That was $15M of flow-through at 84 cents per share and $5M regular shares at 50 cents.
There were no warrants issued with any of this.
That was an average of around 72 cents per share combining both. This is a major premium to any of the market prices that have prevailed and remember there were no warrants issued.
Quite frankly its hard to find an example of a better financing deal for a company on the TSX-V. Let me know if you see any please.
That is the way I see it.