Ann: Orocobre Limited - Issue of shares to Toyota Tsusho, page-4

That is ridiculous. TTC paid the VWAP for them of $3.93, and this was the company that bought shares during the last capital raise at $7.50, which is the opposite of dilution! I think ORE has done well to create a $1Billion+ market cap company with only 261,533,001 shares on issue. Check out some of their peers and see how many shares they have. GXY has 408 million shares on issue, but they had a 5 to 1 consolidation in 2017, so that number would now be over 2 billion if we compared apples with apples. Some shareholders just gotta have a whinge for no reason.