Equity raise process, page-16

My point was simply that you might like to provide some basis for claiming $7.20 is "far too high".
Of course there is uncertainty and risk.

When might things get relatively "back to normal", do you think?
2 years?
3 years?

Put some numbers to that, factor in the dilution, and the potential avg annual returns from $7.20 are significant, imo.
2019 EPS?
Yes, tough times ahead, but if we can survive and return to similar (equivalent/diluted) earnings, even in a "few years", then $7.20 doesn't seem "far too high" to me.

I am sure the company will further adjust, as required, as time goes on and if the market stays flat for 6+ months. I doubt the current plan will remain adequate if this continues towards 12 or 18 months, but I also doubt that it will stay "flat" for that long.

Yes, it will be interesting to see how it all evolves. Survival mode, like many other businesses right now. We'll see.
Cheers