They just keep diluting the shareholders. 22% !!!! How can we make any money with that activity.
It's all in cash. 44 millionThey plainly state it is for expansion.look at the share count of any large company....it is in the billions.If you are worried...don't buy. If you own shares, sell them and find something you like.find a stock that has less than 22 mil shares. good luck on that.
This seems to be standard approach for many Chinese small caps. There is an article on this on DEER Headlines. We will have to wait and see..Long on SPU!
Searched headlines, was there another recent dilution?
That's the only reason I don't trust SPU.