Is it just me, or is this confusing/contradictory to others too? (bits in bold)
- (6) as the issue of the Lekkas Shares and Despain Shares under the XPE Loan Funded Plan will be funded by way of loan from the Company, no funds will be raised by the issue.
- (4) Opportunity Costs
The issue of the Incentive Shares will a dilutionary impact on the Company.
To the extent that the dilutionary impact caused by the exercise of the Lekkas Shares and the Despain Shares into Shares will be detrimental to the Company, this is more than offset by the by the advantages accruing from the Company securing the services of experienced and skilled directors and executives on appropriate incentive terms. It is also considered that the potential increase of value in the Lekkas Shares and the Despain Shares is dependent upon a concomitant increase in the value of the Company generally. The Company will also receive funds equivalent to the issue price of the Incentive Shares in accordance with the terms of the XPE Loan Funded Share Plan.
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