YPB 0.00% 0.2¢ ypb group ltd

YPB got a surprisingly high price for the CR. Though to get that...

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    YPB got a surprisingly high price for the CR. Though to get that they had to add half a billion options (exercisable at 0.5c) as a sweetener, which hammers any upside for existing shareholders. A share price of 0.6c in 12 months would mean that the CR resulted in 900 million new shares and that their holding (in percentage terms) would have been diluted by 2/3, instead of 1/2).
    It is just as well they did the consolidation last year, otherwise YPB would now have over 20 Billion shares on issue.
 
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