The dilution was a result of the company receiving capital that's been put to use to progress the project and therefore should not be discounted. The exchange saving is real and increases their purchasing power in AUD. The offer should be 66c + exchange movement, which is about 80c.
K2P Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
