VML vital metals limited

Ann: Proposed issue of Securities - VML, page-9

  1. 715 Posts.
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    Does anyone have an opinion on the 800,000,000 (yes, 800 million!) shares that VML will issue to Cheetah on the completion of various targets. That is a huge dilution for existing shareholders - 2.5 billion shares currently on offer, so approx. a 1/3 dilution coming in the future. Would love to hear some other investors' thoughts about this...
 
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