RE:RE:PSE LISTING Thanks I thought about it further and did some looking. I guess its not diluting the shares, however we are really selling off 20% of didipio and listing it to the PSE as required.
All is all, we got back in the Philippines and the cash from the listing will reduce debts. With free cash flow this company should be debt free soon.
Then we can start sharebuyback on TSE recoup ownership, especially now that development cost is lower and stabilizing.