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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$20.66 |
Change
0.130(0.63%) |
Mkt cap ! $4.583B | |||
| Open | High | Low | Value | Volume |
| $20.62 | $20.91 | $20.55 | $26.56M | 1.283M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $20.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.66 | 3703 | 3 |
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