Bly Total share percentage, page-2

I don't think they can dilute anymore than what shown on the released Appendix B:
26.3bil shares
603mil ordinary warrants
84.8mil warrants A
43.5mil warrants B
50mil options

All added up to about 27.05bil shares fully diluted. The current debts is about 690mil? see prospectus..

You need to do some research on the numbers of ordinary & preference shares + options before recap, which I think from memory reading the prospectus:

About 900mil ordinary shares + 450mil preference shares + some options then !

Yeah, from 1.35bil to 27bil is alot of dilution for the long term holders..
Good luck..