Redstripes, I was talking about the 9.5c options which results in a dilution equal to ~23% for ~$10m.
I think KNL learned in our 2nd last CR that issuing options as a sweetener does no one any favours, other than the big-boys. It’s why the last CR didn’t issue any.
But Euroz and CBA still jumped in and grew their position to 5% a piece. That’s confidence!
MNS has completed their RAP. Where is ours?, page-12
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