Quick numbers from the information so far
~25% immediate dilution
Placement takers get 1 unlisted option in Alchemia Oncology for every 2 Alchemia shares purchased. SPP takers are not eligible for these options (further dilution in Alchemia Oncology)
Likely hood of Alchemia Oncology raising additional cash when listing (further dilution)
I'm not seeing much of the company left for existing share holders..
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