Acquiring MCL! Yes or No!, page-4

Here's my problem with the deal. If we paid cash one of then I'd agree with you. The problem is now we have issued another 1.2 bill shares to AK and his mates making them hold approx 40% of QBL. So the old shareholders went from having 55% of MCL to around 60%. So AK now still get any potential profits like he would have, and also gets the benefits of the share price rising. So it's a NO from me. If anyone can convince me I'm wrong, please feel free to enlighten me. Seems to me the only winner was AK in this deal. @Neil1959 please let me know if you have anything to add to this