RE:RE:RE:RE:IIF UpdateComment from chizzles:
"Not sure if that is fair to all shareholders if we add financing when it is not needed just because some shareholders want it?
Also, if current shareholders want to increase positions, they should instead buy out Dundee's remaining 2.5 million at a discount price.
Wouldn't that make a ton of sense?"
This is a great point Chizzles as it would have solved multiple problems in one fell swoop. Not sure if the problem is that the buyers were in Australia and the sellers in Canada and the complications that might have caused.
As for the additonal shares created by new financings noone likes the dilution but with the current share structure with management and insiders holding so much of the stock would any funds be willing to invest in Almonty? Would they not require a bigger float of free trading shares? So in that sense the dilution would actually be good?
whois