a good long term hold, page-17

I dont follow. The Share Price was circa 40cents? prior to announcement of SPP - if 4 times the amount of shares are on issue you state that the Share Price would be 10cents. This would be true if the Cap Raising have zero positive effect on the company value. It has had a positive value by taking the company out of massive debt issues , reducing interest cost etc etc. So all i'm saying is that it shouldn't hit 10cents.

We have all seen this many times in the past. When people get itchy feet about investing they miss opportuniites. It has happen countless of times , you just need to invest at a time against seniment (in this case sentiment is will i lose money at 15cents bc share price keeps falling). I think share price will bounce though it will take some weeks to weed out the short term sellers etc