MLA 0.00% 8.5¢ medical australia limited

I'm concerned about 2 things;1) Dilution2) There was no details...

  1. 1,771 Posts.
    I'm concerned about 2 things;
    1) Dilution
    2) There was no details on Medivet financials, what type of revenue it has, how much profit it will provide to MLA...nothing...just management speak...synergies, complementary..etc.

    $5 million cash they don't have and the investors they get in will want a discount on the current shareprice...so 1c a share. 500 million shares for the capital raising and 500 million ? escrowed.

    1.5 billion or so shares on issue.

    DYOR
 
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