Well take a look at POS and Harbinger Lepanic. POS was trading around 70cents and Harbinger was issued notes @ $1. POS is/was no where near the league of GBG (despite POS being nickel). POS hadn't breached $1 in a long time.
This shareprice is a joke. We have to vote on this. No one will accept significant dilution. Remember this is an "alternative" we can vote this down and take the debt option. Ansteel is here, and its obvious iron ore will boom again.
Open should be huge, however we will be suspended I assume. So we will have to wait until this finance is sorted out.
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