NXR 0.00% 2.0¢ nemex resources limited

Ann: Nemex to acquire 100% of Wavefront Biometric Technologies, page-15

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 634 Posts.
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    "Will be more shares on issue but it will be the same. 250m shares and 51% and now 500m shares with 100% ownership. All depends on how much value someone will put on the remaining 49%."

    Exactly. They're doubling the amount of shares on offer but they now (or will) own 100% of the company. Previously, at a 51% stake, any profit would be split but now it all goes to our company. So essentially the only dilution is coming from the cap raise.
 
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Currently unlisted public company.

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