PLS 0.67% $3.02 pilbara minerals limited

Good News & Bad News, page-8753

  1. 742 Posts.
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    Hi @dfs1 ,
    We are being diluted to a small degree because the raise firstly involves a placement of 330m shares @36c to Aussuper/RCF VII.
    They will then also be entitled to the Rights to be offered on these shares as well as any they may already have.( Double dipping for want of a better term) Also they get a bonus because they have agreed to take up any shortfall in the uptake of the Rights.
    I'm more than comfortable (ecstatic actually ) with the way our company is being managed.
    Cheers

 
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