So they predict 340m new shares to be issued for 70/30 debt ratio? Sorry but my bet is that we'll need to settle for 60/40 in this market. And with 200m shares on the register, that's more than double.
Whichever way you cut it, SH face a >50% dilution if they won't/can't participate in the CR.
I just want Paul to call the TH and announce the bloody CR already. He risks the SP falling and affecting the issue price if he leaves it too long.
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