“The 10% placement has a provision to drop the share price by as...

“The 10% placement has a provision to drop the share price by as much as 25%. Based on today’s share price low, that indicates there’s a chance of a cap raise in the high 9 cent range mate.”

hahahaha

Or it could be less or it could be more.

One couldn’t possibly entertain the possibility that the sp could be significantly higher than it is today, if/when a CR is announced, could they?!

That reminds me of someone’s chatter about the “end-of-Q1” sell off, iirc, that “could” see a 20-30% drop from  the 9’s into the 6-7c range.  
…but the sp wasn’t in the 9’s at the end of the qtr.
oops.   The sp and the drop was just wishful thinking.   But of course he is always right because it was just a “could”. lol.

ps. Still waiting for some detailed analysis to justify what the “value” might actually be, other than lazily pointing to what “the market says”.
Not holding my breath!