Forward looking, yes, but actually it will correct overnight. Not because of the dilution, but because of the release of shares. Some people will not be able to resist a quick profit. $0.14 is a 40% profit - very appealing. Some people would even be happy to sell it down to $0.11 and make a quick 10% profit.
But over time - days/weeks/months, those initial sellers will be gone and the price will reach a natural equilibrium, based on underlying value.
Ann: Trading Halt, page-124
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