RE: Continued Dilution27 Feb 2019 11:46
I’m not blinkered as to what this is - for me it’s a bit of a punt which I’m a couple of grand down on since the purchase of PHD and the dilution at that point. By the way which I think was a positive development - because I can understand that we now have that asset on the balance sheet and the additional revenue, with hopefully some cost savings.
I would simply prefer that the company budgets and pays for the sponsors it can afford from existing cash flow, or if shares are to be issued that they are linked to performance in some way (that part I note you haven’t conceded). At the moment it appears too easy just to issue more shares.