Tell me if I am wrong on this:!!!!
Shares currently on issue:-- 155,700,000 (re page 16 of prospectus)
Shares to be issued prior to 166,666.000
Consideration shares 25,000,000
Shares to be issued pursuent to Entitlement issue 347,375,000
Shares for Placement cleansing 10,000
So: total shares on issue after Acquisition 694,751,000
This represents a dilution factor of 4.5!!!!!!!!!!!!!!!!!!!!!!!
Is my maths correct here??? in which case why am I wasting my time and cash on this dosey??????????????
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