lets do the maths on fdl

the maths.

they now have 972,899,415 shares.
market cap $11,674,793.00 plus the recent capital raising of $5,800,000.00 = $17,447,793.00

now let's divide total number of shares in the market place 972,899,415 into $17,447,793.00 = $0.018 cents

the current share price is $0.012 cents
so am i missing something?????????????
has the market dropped the ball on this one???????????