Class action, page-3

I simply cannot crasp nor get my head around this 40billion share issue DILUTION...nor the $0.00005c per share raising price...is this an april fools day joke mistakingly written on October 15th???
Can someone tell me how much $0 .00005c per share is..i cant even pronounce it.
"The Capital Raising will be undertaken via the issue of approximately 40,000,000,000 new Metallum shares at an issue price of $0.00005 per share and will proceed by way of a priority offer to existing shareholders in the Company on a 47 for 1 basis (Priority Share Offer"