Niocorp Developments Ltd (NB)

[ColdDarkHole]

As I see it our % ownership is better if thats how you mean. Low redemptions would have reduced our % ownership prior to the r/s which doesnt affect it. With low redeptions we woulda had our same number of owned shares divided by a larger total. With high redemption we get less cash but our number of owned shares is divided by a lower total share count due to high redemption and we have a better % of ownership. Price lands where it lands now that we know the number of shares and r/s ratio and proceeds (or lack there of).

I own 100 shares out of 1000. I own 10%. I Get r/s 1:10. I now own 10 out of 100. Still 10%

I own 100 shares and total gets diluted to 2000.
I now own 5%. I get r/s 1:10. I know own 10 out of 200. Still 5%