SDL 0.00% 0.6¢ sundance resources limited

So we go from 3.1 BILLION shares tripled to 9.3 BILLION shares...

  1. 310 Posts.
    lightbulb Created with Sketch. 1
    So we go from 3.1 BILLION shares tripled to 9.3 BILLION shares (if 0.6c options are exercised), and if all of us boycott this issue then Porter can cough up funds under the sub-underwriting to get 69% of the newly issued shares and options. Effectively we are giving away nearly half the company. Am I missing something??
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.