just a few issues, page-20

FishoMC

Firstly
SDL has 2billion shares on issue and went from below 5cents to 80cents when takeover activity was about (valuing co at $1.5bill plus) Their share structure had no downward pressure on shareprice.

Secondly.
GDA has over 500milion shares and 170 options issued however ran from just over 1 cent to 5 cents in just a few day. This was triggered by almost nothing but market awareness.

Finnally,
The deal is a little complicated here and I would love it if someone could interpert it clearly for me but I believe that 1billion shares would be issues at 3 cents. This would provide the company with $30million capital and a further 1billion options would be issued for free exercisable at 15cents providing $150million in capital if exersiced. So even if there was 2.5 billion shares on issue if the company has $180million in cash, and a confirmed JORC resource of 200mt at 60% Fe. They would be a cashed up exploration company ready to become producer probably one with a market cap somewhere between $500 million and $1billion giving a share price of between 20 and 40cents still. Compare that to the current share price of 2.5 cents.

That my opinion anyway.