So expect the distribution key to be 164k:236k, and in future 1/163,962 over 41% of all dividend payments for each share. So this is in effect a 5% reduction in dividend payments for ASICMINER shareholders as expected per contract (where 50% would go to ASICMINER). However, this comes with the insurance of no further dilution, which I consider priceless, and for that reason I approve. Also 1/163,962 of 41% is equivalent to 1/200,000 of 50%, so it's not unexpected based on the contract if all shares had sold. (you can see where the fuzziness came from)
I think its fair in the way that if all shares had been sold we would still earn the same dividend as we earn now. But they werent sold and still asicminer was able to launch. It could have happen that nothing could run at that time and the whole project stopped. So i think its ok when bitfountain and their owners get some extra now. Of course i would like to see this being compensated by more hashingpower mining in the net... *g*
There are less dividends paid out to shareholders, but there are also less shares floated. So really no difference in your dividends payments compared to full 200k sold.