Price Estimate On Open, page-66

Hi guys, your holding would be diluted if you didn’t buy and - due to the way the CR has been put together -your holding could still be diluted even if you bought shares. My reasoning for this is that the amount to be raised is between $2 million and $6 million (approx). If I set out with the intention of NOT having my holding diluted, I would not be able to calculate how many shares I would need to buy, since we do not know what the total value of funds raised will be at this stage (somewhere between the rough figures of $2 and $6 million).
I think I can see why the CR has been structured the way it has, but there are aspects of the CR that I personally don’t like. Happy to stand corrected, of course. GLTAH and DYOR.