Looking at latest 2A and ignoring options MC looks to already be around $26 million after latest placement. Is that correct ? Also assuming proposed entitlement is say another 250 million then that would add another $4 million to MC. Isn’t that starting to get a bit pricey for where company is at right now. Not disputing potential but just worried it can’t move much higher right now, especially with remainder of approved 1 billion shares still out there. Interested to hear peoples thoughts
Ann: Appendix 2A, page-13
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