But you said:
"So it really wouldn't surprise me if GB and Co do a similar deal at say $3.30 based on their market capitalisation of $1.7b"
Firstly, the sentence isn't clear. But you seem to be saying that BIG will offer Dipsly 515m shares in BIG using a nominal value of $3.30 per BIG share (515m x $3.30 = $1.7b).
Why would Dipsly want that?
And why would BIG want that?
And how is issuing 515m shares not dilution?
From Tipsly to Dipsly?, page-6
Currently unlisted. Proposed listing date: WITHDRAWN
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