issue @ 90 cents .why all the selling

If people were willing to pay 90 cents for dye where is all the supply of stock coming from to drive us down like this.Obviously its not those who took up the offer.how are all you fellow investors feeling about this? i think if this is a reaction to the dilutive effect of more shares its over done.I cant remember the actual % increase in shares now on issue but it wasnt anywhere near 20% unless Im mistaken.Have any of you done the old division sum to work out a fair price ...? Comments and thoughts on this are very welcome..Also think its about at bottom.fingers crossed.