Exactly, after the CR the company will have 198m shares on issue and we will go from $1bil to $2bil MC only by issuing these shares, if the share price stays at $10. The balance sheet is in better health.
So you can say that the sp did not go from $40 to $10 but only from $40 to $20. I agree that there's a good chance this will go under the $7.
Recovery Time, page-9
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$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.95 | 8747 | 4 |
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