KEY 0.00% 0.1¢ key petroleum limited

Another point of interest,ASF desire to maintain it's holding of...

  1. 452 Posts.
    Another point of interest,
    ASF desire to maintain it's holding of 19.9%.

    The company now wishes to issue 500 shares for x amount of dollars.

    We now have 1000 + 249 + 500 = 1749 shares.

    However 249 shares now becomes 14.236%. A placement of an extra 124 shares to ASF, = 373 shares.

    1000 + 500 + 373 = 1873 total shares, with 373 shares equaling 19.9145% of total.

    ASF = happy.

    MC goes through roof.

    Shareholding diluted to crap.

 
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