LOD
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0.00% 6.2¢ lodestone energy limited

re: Ann: Acquisition of 100% of Tambo Coal an... Am I reading...

  1. GLB777
    200 Posts.
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    22/12/09
    14:47
    Post #: 6074228
    re: Ann: Acquisition of 100% of Tambo Coal an... Am I reading the announcement correctly- as 'payment' for the 2x companies Lodestone will issue the vendors with 400 million shares?
    That's a significant dilution considering there's currently only around 200 million shares in the company.

    What's the thoughts on this?

    LOD Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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