Dilution
in response to
by
posted on
Mar 03, 2017 10:29AM
Actually Aves, your shares are worth a little bit more now than 6 years ago, depending on how you look at it.
I'm pulling these numbers out of my a** for brevity, you can adjust as required for accuracy.
6 years ago:
approx. 100M shares outstanding at .34 = $34M market cap company
Today:
approx. 260M shares outsanding at .34 = $88.4 market cap company
You can take this as you please, but the fact remains we've been diluted substantially, but have somehow managed to hold on to our shareprice.
I'm not suggesting I'm happy about any of this but that's as happy as I can make it; I'm glad it's Friday and I have a long weekend off...