SMR stanmore resources limited

Ann: Investor Presentation - Acquisitio of BHP interest in BMC, page-9

  1. 10,833 Posts.
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    "Lots of new shares and approx US$ 625M"


    so a 4 x dilution of shares at present market cap........?

    are you sure......?

    I'm trying to understand how a company with $300m market cap will finance a purchase of $2 billion



 
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