Ann: A$38 million Capital Raising Issue of Shares, page-7

I keep getting 1.1/1.2 when I model us with Canadian surrogates , but this assumes no growth, no value for old Calima and an assumption we will trade on the same multiples as Canada. Offsetting on the negative side is 9.5 billion shares, simple demand & supply . So agree 0.009/0.01 close seems reasonable guess , anything above 0.01 I will take as a win. With so many shares on issue the mkt cap moves dramatically on every tic, so 0.007/0.008 cents we start to look cheap very quickly