$55k..doesn't take much !, page-17

if I understand what they are doing, it seems they are listing the Tanzanian sub-co which holds the company's assets on the Tanzanian exchange. if they float X% of this company, doesn't it then dilute existing ASX holders by the same percentage?
the Aussie parent only owns 65% of the shares of the Tanzanian sub in the first place.
the parent company will need to invest in the Tanzanian IPO to prevent dilution here.


http://www.bloomberg.com/news/2013-08-22/swala-energy-will-list-tanzanian-unit-to-fund-expansion-plans.html

It may give them some good local kudos, but not sure I get it?