News: C@ to raise $28m to fund exploration on new, page-9

re: News: C@ to raise $28m to fund exploratio... the cr has priced the shares at $1.00 post consolidation which equates to a current price of $0.05cents per share. why would you buy at any price over $0.05 otherwise you will be in the red post consolidation - unless you are expecting a decent increase in sp. at $0.057 that equates to $1.14 post consolidation. therefore depending on volume to purchase you are buying at a 14% premium ATM.