"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.
announcement out , page-95
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LCY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $126.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| LCY (ASX) Chart |
Day chart unavailable