Well it has to be a reasonable number. If the floor price is $4 we are not going to see 100m issued because let's face it, we aren't a 600m USD company. I would assume 250m MC is fair which would mean we issue 15m new shares. 47m existing. 62m total.
Again if $4 is the floor price it doesn't really matter how many extra shares are issued... There's 47m shares worth $4 each no matter what? I also doubt Yacov wants to dilute himself any more than he needs to... plus how much money does the company actually need? 15m x $4 is $60m raised. To be honest I don't think we need that much so you may see us only offer 7m shares for a raise of $28m. This would gives us a MC of just over 200m which has more room to grow.
It could go several ways but this announcement is most certainly a positive one...
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