recap, page-3

Current market cap 14m and recap 80m = 94m total cap
I am guessing 80 / 14 = 5.7 so does that mean we are going to be diluted 5.7 times or if they issue new shares at 5.6c each my current share price should be around 1c

so if they we are lucky they will raise capital at $0.056 at todays price, for 80M thats 1.4B shares plus current shares on issue 204m thats 1.6b shares on issue for a capitalisation of 94M = 5.6c per share

So if you had 10% of the company before ,now you have 1.7% of the company

With a bit of luck they will not discount the current share price. LOL

Not funny I know but I am in the same boat.

By the way, where is the money coming from?