RE: SP at 62p12 Nov 2020 11:31
Hi Paul, Dunnie, 33, synx etc. I am a long time reader/addict of this BB. I have held AML shares since April and suffered the June dilution when the shares dropped back to 50p and I am worried the same will happen again when the new shares are distributed to MB and the other 2 new investors. As you know, this will occur following the AGM and prior to 31.12.20. At that point the number of shares increases from 1.824Bn to 2.298Bn. If you divide the value of the company by the increased number of shares it works out at approx 50p. I know the company is grossly undervalued at the moment but don't you think the MMs will automatically dilute the value of the shares down? I hope someone with more knowledge than me can answer this as I'm new to share investments. I hope I'm submitting this post correctly....never been on a BB before or even Facebook come to that lol.