A significant purchase will come at a cost to shareholders.
If the Cap raising results in $20mill @ 5.5cents that will equal around 364mill more shares
And will mean that the dilution will be around 23%...
that is - Current shares on issue ( including listed options)1.625billion - unlisted options = 351million
No.listed shares will increase to 1.989billion and including unlisted options will rise to 2.3billion
sellers with orders must have gone fishing, page-94
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