Just a question. Are there any "new" shares that would be added to the how many shares are offered or are the conversion from Bakewell shares and Fenix are accounted for in the IPO.
Because if it is the first case, Wouldn't that be a major dilution to the share price? I don't think I would be comfortable with that. Being an investor in Fenix and all.
Please shed light on this. thank you.
6000 Bakewell became 24000 Fenix. Any further share release should it be to raise funds or purchase equipment would have to be put to a vote as per the first few posts in this thread.
So I am buying other people shares in Bakefail as Fenix, right? and the others just still didn't claim them yet to be able to trade them?
Did I get it right?
What about the divs? are they distributed to the claimed shares until the rest are claimed or are their divs stay somewhere until they claim the shares?