Excuse my wonky maths for a minute, based on around the soon reality of 3 billion options and SOI…
So with 16 million or so cash investment set aside, the loss to each share is around .01c per share.
The cash investment value is around .005c per share.
I suppose this cash needs to be divided by 2 as H1 now in 50/50 for Galactica Pegasus.
in other words, if the SP gets to .0125c we are back at investment neutral. With a $38 million company + $8 million H1 investment share.
I told you it was wonky, but just trying to get a grip on where we stand
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