Please think about this:
The day the deal is approved:
1. New company issues 240 million share equaling to 480 million shares in total
2. LCY (Australian Share Holders) put their 19 million to new pool to invest in new procurements / development
3. LCY Indian Share Holders add 19 million to the new pool to invest in new procurements /development
4. LCY New Company effectively 38 million dollars to invest with 38 million asset.
RESULT 76 million dollar over 480 million shares 0.165 c per share with good prospects in a month's time.
People were led to lost by assumptions and miscalculations, I am disappointed
Please think about this:The day the deal is approved:1. New...
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