Fully Informed Market, page-51

But in all seriousness, is no one else concerned about the share dilution that will happen if SLR and Red5 merge? That'll be another what 3billion shares added to the market. Share dilution is never be good for the SP, we should not let them dilute our company. The P/E ratios at red are honestly quite concerning too 29.51 to our 14.35, if we combine we be at 21.93 PE? This is clearly a bad deal, are shares should be at least worth double to Red5s'. This merger is clearly bad value for SLR Holders..."Good pick-up, almost 11 million on issue in total (3.7 million to senior execs incl 1.3 million to LT) , as at 30th June 2023, based on 2023 issuance ~14 million by time of scheme vote. Then as the execs are managing a 2bn + market cap asx200 coy, they ought to get a hefty pay rise... they will need more incentives too no doubt, and the company can afford it." I think Tazd is right they will get 20million in kickbacks +pay rises this deal clearly is not in the interest of share holders. If we push back the merger we would rerate higher with the POG and so much gold on hand and most of our gold unhedged. VOTE NO