if we borrowed all the money via formal loan, or attained the finance from Ahanna(or other) to be repaid via off take, how would we be diluted? Yes bottom line profit will be reduced short term, but in this seemingly hybrid solution, those of us without the funds to partake get diluted, AND we still borrow money/offtake to reduce short term profitability. One to the guts, one to the teeth.
If anything, all they have done is GIVE us the chance to be diluted?
Maybe I am missing something and need another coffee.
Ann: Fully Underwritten Non-Renounceable Entitlement Offer, page-11
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