capital raising, page-14

  1. 316 Posts.
    lightbulb Created with Sketch. 1
    just on the numbers..

    $10m raised.. 40% dilution.

    so the new holders should have asked for a 40% discount, or, it would seem that the $$ were raised at a premium.

    still bad for the current holders, and the oppies also is a sweetener.. hmmm
 
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