Inclined to disagree with your opinion on price Squadger. IMO the dilution should already be factored in by the market given that we know the extra shares are coming (unless you think the market could see shareholders rejecting the proposal?).
Volume is consistently higher at the moment than it was Nov-Jan and buyers are stepping up whenever the share price drops to the mid 5c level.
I would be surprised to see the share price drop below 5c, but do think we will be stuck sub 6c until we see some results or good news.
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