fair value ???

If there are 308m shares issued at 1.5c to raise $4.624m

At close Thurs the sp at 2.4c equated to a cap of $27m according to Comsec.

If you add this data together you get a new cap of 31.6m and 1,433m shares in total.

The same "fair value" of 2.4c a couple of days ago equates to 2.2c once these 1.5c newbees are issued.

I haven't decided whether to sell a few and hope to get the cheapies, or just add cheapies.

Regards