Very little, if any.
remembering that for one party to secure such a significant stake, they would have to pay a premium to the existing price. Like Santos did to secure their 19.99% from Hillgrove.
Besides, a placement at the same time or just after the coming reserves upgrade isn't going to be at 70 cents.
And which shareholders (apart from you and friends), would complain about having someone like Marubeni or BG on the register? :)
Good luck. :)
Yaq
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