RE: Shares dilusion1 Oct 2022 20:29
Yes…
yell shafted shareholders big time!
Went ZERO
they rebranded and issued a bunch of new shares!
I’m hopeful they cine won’t go the same way. This was 100p this time last year - and everything else being equal not a lot (that wasn’t predicted) has changed. We all knew covid was going to beat this share into the ground. But the market is generally down.
I guess it all depends on where they want to pitch the market cap and how much wonga they can generate through dilution.
I don’t think this will go to zero. If diluted it might hurt in the short term…. But long term this will flourish! Cinema not dead!
GLA!