I was ready around 4.6c but am not surprised with the pullback.
Researching on the weekend, it's hard to imagine this not many multiples once the first batch are properly valued and they show some continuity with production over time.
With these volumes, the new share issue will be absorbed easily enough without too much impact, but for now the influence is to keep a cap on the share price.
Milesy
MUS Price at posting:
4.4¢ Sentiment: None Disclosure: Held