Tomasp had the same reservations regarding additional shares on issues & effects this might have on profits. In short I explained how the additional 45% in profit to QBL offsets the additional shares on issue. As it stands AK & friends get 45% of the take home profits. This will basically remain the same however their profits will be paid in the form of dividends like every other holder after the acquisition.
Yes there will be 45% more shares for profits to go around but we will have an extra 45% profit equaling it out.
Hope that helps.
Cheers.
QBL Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held