Remember the 1:1 Divi represented approx 20 mil sh, total went from around 48 to 68 mil, we only received 2/5 (8m) so 12 mil Divi shares ended up in other "friendly" hands ......then somehow another 12 mil sh added to the total and here we are at 80 mil shares !!! Many of those friendly shares won't sit around, they prefer cash !! No wonder NGIO has priority because management screwed up and it will take time and/or experienced management with regulatory expertise to get the train back on the track and hopefully not make the same mistakes again. All credit to keep us alive but time has showed not capable to execute as "planned". Wonder if more cash/2.50 pps acquisitions ahead !!
Exciting times around the corner ............
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