sony deal is cash or money owed., page-5

cant say that i agree with any of your numbers.......

Shares on issue = 271,505,345 (see annual report)

New Shares to be issued = $3.9m/0.053c

or 73,584,906 New Shares

Total on issue post the $3.9m = 345,090,251

of which the latest ASX release states 17,000,000 are allocated to Sony or 4.96%

MOL is apparently 55% of the intial amount, pre new share issue. The "only" shareholder to be diluted is therefore MOL, as the rest of us bought on market and we sell against market price, and market cap is calculated as [shares on issue] x [market price].

MOL dilution will be about 20% post raising, taking them down to about 42% [ which is still in excess of the 30% control provisions].

I asked for the MOL share register some time back, and it looks like this (its a public document - the AGM for MOL is tommorrow);

Indian Pacific Media Ltd 19.91%
Samic Nominees Pty Ltd 13.75%
The Canda Property Trust 9.07%
Kyandra Pty Ltd 8.37%
Sony Pictures Television Pty Limited 7.21%

So, Sony will effectively end up with 7.21%*42% = 3% plus the 4.96% or roughly 8% - which is what I read in the Australian today at
http://www.theaustralian.news.com.au/story/0,20867,21615937-643,00.html

Im afraid u guys are way off the mark - is there another agenda here?

I hold a position in MOL and RMA, but actually read the documents!