You should go work out that for yourself. I don't offer...

You should go work out that for yourself. I don't offer financial advice free or otherwise. That's just the point. Lots of commentators with no idea and lots of investors who have very wildly different perceptions. And that shown in the wild tradfing (as the effective mkt cap pending from the corp' action never changed across the period of ex-entitlement) where some people bought for more than 10 times less than others sold [and vice versa] in a short space of time. So perceptions of what the effective mkt cap and value of this company is have varied wildly in recent weeks.

I am in the market to happily buy some more and will be taking up my entitlement (was before this news - but far less of a punt now) and hopefully more in any over-subscription facility that ensues....but then perhaps I sold at the higher levels.

This company remains a risky proposition, but its now priced more accordingly IMO.