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Ann: GBA Capital - Brazilian Resources Conference Presentation, page-21

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  1. 212 Posts.
    lightbulb Created with Sketch. 101
    You would love to see them buy on market as a genuine vote of confidence to spare holders the extra dilution pointed to on page 24.....

    "7.4 Dilution
    Assuming no Options are exercised, no convertible securities are converted or
    other Shares issued and the maximum number of Future Issue Shares are issued,
    the number of Shares on issue would increase from 3,222,099,880 (being the
    number of Shares on issue as at the date of this Notice) to 3,722,099,880 and the
    shareholding of existing Shareholders would be diluted by 13.4%"
 
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