Dilution is dilution which ever way we choose to view it. But you're right in saying that AUZ will be 19% better of financially. That won't be enough to build a mine however so there will need to be more equity/debt funding to come.
My overall point is that if/when SK invest, there will be dilution and so IMO it makes little sense taking a large position in AUZ until after that occurs.
AUZ Chart, page-83
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3647411 | 10 |
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| Last trade - 07.11am 15/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |
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