RED 0.00% 37.0¢ red 5 limited

Ann: Red 5 and Silver Lake Resources to Merge, page-123

  1. 1,895 Posts.
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    While I agree with your sentient, I am not sure we will be diluting much.

    Yes, we will be doubling our shares however we will also be doubling our market cap so the same rough number will apply. Also, there is the 11.9% holding to consider. If they sell it on market, it may negatively impact the market for a time however, it will mean a bunch more cash in our pocket. Alternatively, they can extinguish the shares and UNdilute the shares to holders favor.
 
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