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amarksp

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amarksp

Re: box927 post# 497

Wednesday, 01/03/2007 5:44:35 PM

Wednesday, January 03, 2007 5:44:35 PM

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don't hold your breath...:
"under the impression that Tranter had to pay their own way at market value for everything they got."

Tranter will be given essentially a free ride for their shares, IMO, e.g. a loan to purchase shares at no interest or some other very generous discount. Best to just assume 20% dilution for Tranter BEE deal, this should be a good ballpark estimate. FWIW, I would be pleasantly surprised if it was under 15% dilution.


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