RE:RE:RE:RE:RE:RE:Thompson ReutersThink about it....
Top MGT just gave themselves 7.5% of the float in options and free shares RSU's on top of the millions they already took. The debt is convertale and represents 7% dilution. Then add the in the money warrants for more shares to be issued.
So when you add it up that is alot of dilution to shareholders. Say low ball 20%.No differnent than a 20% share issue financing.
So you own 100 shares at say $1.00 or $200, They are now worth 20% less due to dilution. or $160.00.
So Quipt market cap is $200 mil, now less 20% = a 40mil expense to shareholders. The market is not stupid. Dilution is an expense. As the share price goes up the dilution doesn't change but the expense goes up, as the shares are worth more. Still 20% dilution though.
IMO