MOG 0.00% 0.5¢ moby oil & gas ltd

they are reserving the right to issue a further 40.4 million...

  1. 2,648 Posts.
    they are reserving the right to issue a further 40.4 million more shares without holding meeting for future funding requirements.They have not said who they might be issued to yet. If they are taken up by intos or out siders they will dilute the share register.The rights issue will not dilute the current shareholders as you still end up with the same equity
 
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Currently unlisted public company.

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