MCS 0.00% 2.5¢ mcaleese limited

Saragian, page-21

  1. 531 Posts.
    lightbulb Created with Sketch. 8
    How do you get to 55% dilution? I thought that Lowy gets 35% of the equity post-recap and the CEO 5% as an underwriting fee, leaving shareholders with 60%?
 
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Currently unlisted public company.

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