The market has valued 88e just below the CR, so by my rough...

The market has valued 88e just below the CR, so by my rough calc, that would place the next CR at around .007c.
The question we should be asking is what happens when investors stop being interested in the next CR. At 20 billion shares, we must be seriously close to the tipping point.

In any event, I'm sure management would be disappointed in the share price, especially since we near the annual meeting. As usual, they will ask at the meeting to ratify the previous share issue and ask again for future permission to dilute further.

A few people want to spill the MD, but the problem is really in the past. IMO The solution is in a restructure and maintenance of the new share price. The aim being, that by completing a split, when the next dilution happens, its effect will be less dramatic.

i wish everyone good investing. For me, it's time to break, i will keep an eye but only post occasionally.