So our holdings will be diluted by 8%. As I siad before - better than appointing administrators!
There will be 2,548,537,375 shares on issue and total of about 165M unquoted securities:
| ASX +security code and description | Total number of +securities on issue |
|
|---|
| 1 | LMGAG | OPTION EXPIRING 12-AUG-2027 EX $0.079 | 68,225,437 |
|---|
| 2 | LMGAC WARRANTS | EXPIRING VARI DATES EX VARIOUS PRICES | 80,000,001 |
|---|
| 3 | LMGAD | OPTION EXPIRING 23-MAY-2025 EX $0.10 | 15,000,000 |
|---|
| 4 | LMGAE | OPTION EXPIRING 22-DEC-2025 EX $0.10 | 3,000,000 |
|---|
| 5 |
| TOTAL | 166,225,438 |
|---|
I'd say LMGAD is a dead duck - so they won't be converted.
We can only wish that LMGAE will be worth converting.
I am watching the share price now down to knocking on the door of 1.0c.
I am wondering if the same as last capital raise will happen, where the share price drops well below the capital raise price.
:
(20min delay)