NTL new talisman gold mines limited

"the value of the new shares to be issued is unclear"- there is...

  1. 30 Posts.
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    "the value of the new shares to be issued is unclear"

    - there is a purchase price as stated in the offer documentation, then once issued, there will be a market price. Or am I misunderstanding your question?


    "dilution"

    - there is no maximum number of new shares, so the dilution depends on the total amount issued compared to the current total issue (2.165 billion). Say 100m new shares are issued, bringing in roughly $7m, then dilution would be 1:22 ish. I think.


 
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