TSX:SGR.UN - Post by User
Comment by
Vanhopeon Feb 17, 2013 6:23pm
263 Views
Post# 21003633
RE: debenture question
RE: debenture question prioris, you need to read the news again because I can see you are all confused. 50M @ .50c = 100M shares. 15% 0f 50M = 7.5M @ .50c (also) = 15M shares. Total possible dilution is 115M. This only will happen if the shares are way north of .50c. If not, I doubt it if they will exercise their option resulting then in no dilution.Take into account, they are making 8% in their investement already.