Providence Resources - Share dilution - Hello Sharemate. You are correct...

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23:59 06/03/2015

Hello Sharemate. You are correct that share dillution unfair but the best way to deal with it is to purchase shares in rights issue, apply for excess allotment and purchase additional shares in open market so as not to suffer dilution. This is what I have done to protect against dillution. Whether it is a good idea or not we shall see.

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