The sp seems stuck in a .9c-.7c range with the occasional 1c...

The sp seems stuck in a .9c-.7c range with the occasional 1c high and .6c bottom. I think that a positive GMP run for DX1 would see a sp appreciation in the mid to high teens max as any money influx will be met with an enormous supply of holders wanting out at break even or even at a manageable loss.
In terms of dilution for a future CR, the 25% of the SOI remains unaltered - unlike the amount of funds being raised - as PAB should raise the maximum amount and make full use of the 25% available.
There could be 2.5b shares plus millions of new options on issue by the end of the CY.
I see a lot of risk here and a vague plan 'B' if the GMP run has issues, the current sp seems to indicate that not many are prepared to take a punt on this stock until some de-risking eventuate.