sitting on a known future of 173,000,000 shares.
Thats a 35% dilution from the current.
Revise your breakeven estimate upwards by 35%.
...ever watch an Appollo or Space Shuttle launch. Up up and away over the horizon never to be seen again, and just smoke where it was.
Ann: Appendix 3B Redemption Redeemable Preference Shares-PGI.AX, page-2
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