RE: For anyone new to BMV29 Jun 2021 12:45
BMV shares pre SAU issuance 417.5 mill
SAU shares 200 mill (50 mill now, 150mill after prospectus)
SAU give 50% of projects for 200/617.5 =32% of BMV
Existing BMV shareholders get 18% of projects free. There is no dilution in that. If anything it is accretive.