RE:Going to be a big stockpile!iRobot wrote:
Approx 7500million shares, after all transactions, at 0.015 CAD wil create a market value of 118MCAD. Compare that value with other companies with the same production, there are several with lower SP. High risk that the short term will give 0.01 as new level! AUE have a lot to prove to get a higher SP.
7500million shares? The placement to MNG and instos is 3.9b and IF they need , an extra .5b shares that existing shareholders can chime in on. And it's 0.015pence not CAD. So yes it's huge dilution but not nearly as dire as your numbers