I am back. So is SGH, page-1581

I believe that the $40m cash was required to pay creditors and payroll and has little relationship with the recapitalisation.

I am just after SWC's opinion on how much he thinks current shareholders will be diluted and how much debt will reduce. The current share price has little relevance to D4E. Whether the share price is 5c or 50c it makes no difference to the company's debt levels or cashflow position.

Am happy to hear your view on dilution and debts too.