So 18 - 20% dilution over all.
I don't know why everyone gets so offended here.
Fact is this will be 3.5c when the new shares are released and a further correction for dilution may INITIALLY follow.
No that doesn't mean the share price will be 2c. That means it could dip a good amount below 3.5c due to a cap raise and dilution but should realistically find support at 3.5c.
You watch the copium group tell us otherwise but it's just logically what will happen.
Ann: Hannans - Expansion to Major European EV Markets, page-72
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