creation of 80,000,000 new shares- Does this mean more dilution? by a ratio of almost 3? capitilisation increased from 4 million to 12 million
Such a dilution would render the forcast meaningless anyway- the broker forcast must be updated to take into account issue of shares, not that the broker forcast has ever been correct anyway.
Has anyone any examples of this sort of acquisition strategy working among other software companies where the shares are so diluted? What happened to the share price of that company?
And another point why are administration expenses so high for Mondas, over 5 million pounds. Shouldnt they be looking to reduce these high expenses ? What do other software companies have as administrative expenses?
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