Buddy - you have painted one scenario. As stated in the NR, QASP shareholders will receive 25% of the surviving corporation. It also states in the NR "The final allotment in relation to the merger is yet to be determined at this stage and will be notified at a later date once it is determined." So we don't know what the O/S is going to be set at yet and it could be something less than the present 1.49B. All we know for sure is Centaflix gets 75% and existing QASP shareholders get 25% of some O/S number yet to be disclosed.
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