LCY 0.00% 1.3¢ legacy iron ore limited

announcement out , page-95

  1. 10,302 Posts.
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    "100% loan finance 0% equity finance results in no capital (shares) being issued. Therefore no share dilution occurs. Don't you understand this?"

    They could use 100% debt financing on the project but still do a placement to SI then your holdings will be diluted. so 100% debt financing doesn't mean no share dilution.

    For equity finance part if shareholders take up their right to acquire new shares then no dilution for them.
 
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