First resistance level is around 1.2c chart wise.But what's...

First resistance level is around 1.2c chart wise.

But what's interesting is before the Hanlong deal fell over and all the potential was priced in the stock SDL had a MC of $1,044,517,734 based on below:

Shares on issue 3,072,110,985 units, share price as at 29/01/2013 34c

So with all the dilution we're currently standing around 20bill shares on issue (please correct me if anyone has a more accurate figure)

This means we should work our way towards below price once the Cameroon approval is cleared.

$1,044,517,734/20bill (units) = 5.2c

But if we ever clear 11.7c again, there's alot of blue sky above that.