RE: Investment25 May 2018 09:45
John21. Rather think you are being dense for a purpose. If FRR cannot get oil out then it is game over - you could say 100% dilution. This approach not involving issuing more shares enables FRR to move forward, developing share holder value. So I do not view this as dilution. Suspect you should not be on AIM, unless of course you are being paid to be negative or are deliberately trying to manipulate sentiment.
At one stage I had totally written off my investment here, now it is a star performer in my portfolio.