if PNE raise $6M at 8 cents (the acquisition price), they will have around 629M shares on issue
the current DLC shareholding of 11M shares would be 1.75% of PNE
the acquisition dilutes DLC to death
current value of DLC's PNE shares is $913,000
the current market cap of DLC at 0.7 cents is $4.4M
they also run a sex toy shop
if PNE raise $6M at 8 cents (the acquisition price), they will...
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