If say I owned half a one million pound house and the other half was owned by PIs then if I sell my house to my friend Mr B for one pound. The me and my friend Mr B sell the house for the true price of one million pounds. Then me and my friend have earned/stollen 250.000 pounds each and the PIs have lost all. Neat trick.
When a football team keep on losing the Manager gets sacked. How come loosing BOD's continue to get paid and not sacked ?
Ah well, could be worse. I am also invested with Beacon Hill Resources. 
Ok so is it someting like this . The majority share holders push the SP down and refuse to give dividends. Then they sell it to friends cheap and split the profit. Is this legal?
I am astounded that this dilution is even legal.
is there some reason that the BOD want the SP to low ?
Thxs I will not buy more. Aim a dangerous place I think I am down about 30 thousand pounds so far on the aim in past 2 years. Mining and small oilers have been a very poor sector to be in.
and if no share holder would benefit, why would any current shareholders vote for the dilution?
apart form the BOD which of the current shareholders would benefit from this share dilution?