TSXV:FCO.H - Post by User
Post by
focsleon Apr 10, 2019 2:50pm
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Post# 29608565
Fully Dilluted
Fully Dilluted
Are the proposed new shares on top of what Jervois already has outstanding? If so, that tops 500 million outstanding, including all the warrants. That's reverse split territory. These guys are not exactly cashed up. Especially with 3 projects in the works. That is about ripe for a 10 to 1 split.
Trading at 18 cents US today according to Reuters.