LCL 8.33% 1.1¢ lcl resources limited

Metminco commenced quotation on the ASX with 16,750,080 shares...

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    Metminco commenced quotation on the ASX with 16,750,080 shares on 2 Oct 2007 (see ANN 1 Oct 2007).
    After settlement of the Colombian acquisition, we now have 3,879,053,547 shares on issue (see ANN 22 Jun 2016), i.e. 231 times as many as they started out with.
    Looks like sometimes you have to dilute eggs to make an omelette.
    Last edited by pygmyhipppo: 14/07/16
 
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