oops yes 5m
which is still 1.25m less shares than would be on issue if they had done a slightly discounted placing....and we get a cheque for $2.5m
the dilution is negligible and the 4 year term doesnt make a jot of difference
nope 80c is this years price
look at the numbers and dont be jealous if kingfisher makes money....that doesn’t affect your return
Ann: Additional $10M Strategic Investment and Abra Update, page-34
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