You've got it right from the beginning. I am surprised you still hold shares.
It is actually down from 20c to 1.3c. If you ask Peter he would blame the market. He would still say the projects are exciting and there is strong support from shareholders. He is probably thinking about the next cap raise. Once the cap is raised he can get even more discounted shares.
MKG Price at posting:
1.3¢ Sentiment: None Disclosure: Held
