SRT 0.00% 16.0¢ strata investment holdings plc

So if the company was trading at say a $20m market cap at say...

  1. 4,341 Posts.
    So if the company was trading at say a $20m market cap at say 20c, by adding 410m shares, it would take it to an $80m market cap company so in effect the share price would be worth about 5c to make up for all the extra shares.

    Is this right? It seems like a lot of stock to put onto the market all at once.
 
watchlist Created with Sketch. Add SRT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.