Labrador Iron Mines Holdings Ltd (LBRMF)

[bobbleheadtwin]

Some of my short term concerns: What will the market think about the price of stock after merger. The company was always 52% / 48% ownership. But outstanding shares that were able to be traded will change, previous 162,364,427 shares. Now all assets are one, but now LIM shares are listed.
Same assets, same owners, but what will the market value be of company (market cap) in short term before opening or financing.

Existing LIMH Shareholders 162,364,427 52.25%
Former LIM Shareholders 148,362,500 47.75%
New Total 310,726,927 100%

Questions, why did we wait to do this. (Like others just stated). We now are dealing with higher interest rates, cutting into future earnings. After doing this do they think a RS is in the future, or are we ok with the 310 million outstanding. How does this affect financing. Are they going to uplist again and try to sell more shares or private financing. Is there an interested party in financing. Do they see this getting done sooner and when. Would like to know what Gerald thinks about this, they paid over $1 for their shares. I would think after voting you would be able to tell how they voted.

Hoping they have a plan, and it will become clear as time goes on.