Need to factor in that an additional 10 million shares will be...

Need to factor in that an additional 10 million shares will be issued.

"The delivery of an Indicated Mineral Resource estimate of 21.6Mt at 0.9% V2O5 satisfies the performance hurdle for the Class B Performance Shares, which will result in the issue of 10 million fully paid ordinary shares, escrowed until 21 December 2018."

Hard to compare prices when shares went from 35 million to 45 million that's an increase of nearly 30%