RE:Dilution as a general rule is always bad...Candy I disagree , this is not a good time to sell Datametrex.
PressRelease May 31, 2021
" The Company also improved its EBITDA, up 1,548% over Q1 2020.
" The Company also improved its Cash balance, up 17,044% over Q1 2020".
-A positive EBITDA is a good mesure of profit trend(profit are going up).
-A positive Cash Balance indicate that the business is liquid, this metric means it has enough working capital to cover its bills, and has money to reinvest in the company.
-A positive Cash Balance doesn't prove that the business is profitable.
But a positive EBITDA + a positive Cash Balance indicate that the company is on the right track and is progressing forward.
Q1, 2021 was a record quarter for Datametrex and did show strong execution on the part of M.Gunter. This trend will continue quarter over quarter, with test kits and AI revenue expected to grow.
Not a good time to sell.
wildbird1 wrote: Except...If a company is issuing new stock as a mean to boost revenue, like for investing in a new product, a strategic partnership, or to buy out a competitor, this kind of dilution can improve the company's profitability, and by extension the value of its stock.
It's up to investors to decide(do your DD), if or when Datametrex use dilution it will increase profitability and the value of DM stock.