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Share split, or bonus issue, does not dilute the share value. In fact, your share value will not change after the bonus issue. Bonus issue only make the share price lower so it is more accessible to public, therefore increase the liquidity of the stock.
What dilute the share value is right issue or private placement.
Keep accumulating this stock until it booms… very good management and business model, aggressive business expansion as well, not only in terms of product variety but also market expansion to Philippines