When all the dust settles, Latin Gold shareholders will own approximately 30.5% of the merged group. However, you'd expect most of the new shares issued to complete the transaction will be deeply escrowed.
Go and have a look at Tencent Holdings (700:HK) to see what's possible from a direct analogue (that one Chinese) of what these guys think they can achieve in emerging markets across South East Asia, South Asia, the Middle East and Africa - target audience, 3.5 billion!
LAT Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
